Michelle Hart Hair Ltd

Key Facts

Net Assets

Current: £29,587

Previous: £887

Change: +28,700 (+3235.6%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £50,379

Previous: £70,713

Change: -£20,334 (-28.8%)

Comment: Current assets reduced noticeably.

Cash

Current: £28,278

Previous: £41,856

Change: -£13,578 (-32.4%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £31,633

Previous: £79,162

Change: -£47,529 (-60%)

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

Net Current Assets Liabilities

Current: £18,746

Previous: £8,449

Change: +£10,297 (+121.9%)

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

Fixed Assets

Current: £14,265

Previous: £22,919

Change: -£8,654 (-37.8%)

Comment: Fixed assets fell 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: 1

Previous: 3

Change: -2 (-66.7%)

Comment: Trimmed the team by 2 people.