Morgan39s Hair Limited

Key Facts

Net Assets

Current: £1,635

Previous: £2,595

Change: -960 (-37%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £80,752

Previous: £22,152

Change: +£58,600 (+264.5%)

Comment: Current assets increased significantly.

Cash

Current: £2,196

Previous: £5

Change: +£2,191 (+43820%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £88,018

Previous: £29,495

Change: +£58,523 (+198.4%)

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

Net Current Assets Liabilities

Current: £7,266

Previous: £7,343

Change: -£77 (-1%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £9,227

Previous: £10,302

Change: -£1,075 (-10.4%)

Comment: Fixed assets reduced noticeably.

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: 6

Previous: 6

Change: +0 (+0%)

Comment: No change in team size.