Latelier Hair Salon Ltd

Key Facts

Net Assets

Current: £18,987

Previous: £30,485

Change: -11,498 (-37.7%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £44,362

Previous: £42,837

Change: +£1,525 (+3.6%)

Comment: Current assets increased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £1,111

Previous: £4,274

Change: -£3,163 (-74%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £16,804

Previous: £33,878

Change: -£17,074 (-50.4%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £3,294

Previous: £881

Change: +£2,413 (+273.9%)

Comment: Fixed assets increased significantly.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 7

Previous: 9

Change: -2 (-22.2%)

Comment: Trimmed the team by 2 people.