Phaze 1 Hair Nails & Beauty Lounge Limited

Key Facts

Net Assets

Current: £21,470

Previous: £21,961

Change: -491 (-2.2%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £138

Previous: £821

Change: -£683 (-83.2%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £17,048

Previous: £18,184

Change: -£1,136 (-6.2%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £3,344

Previous: £3,025

Change: +£319 (+10.5%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £1,373

Previous: £1,615

Change: -£242 (-15%)

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: 4

Previous: 3

Change: +1 (+33.3%)

Comment: Added a helper.