Magid Scissors Barber Bath Ltd

Key Facts

Net Assets

Current: £3,529

Previous: £2,636

Change: +893 (+33.9%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £4,843

Previous: £2,801

Change: +£2,042 (+72.9%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £7,665

Previous: £2,272

Change: +£5,393 (+237.4%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £2,822

Previous: £529

Change: +£2,293 (+433.5%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £6,351

Previous: £2,707

Change: +£3,644 (+134.6%)

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: 3

Previous: 2

Change: +1 (+50%)

Comment: Added a helper.