Redz Hair Design Ltd

Key Facts

Net Assets

Current: £15,326

Previous: £17,185

Change: -1,859 (-10.8%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £424

Previous: £1,272

Change: -£848 (-66.7%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £96

Previous: £3,496

Change: -£3,400 (-97.3%)

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

Net Current Assets Liabilities

Current: £14,240

Previous: £12,819

Change: +£1,421 (+11.1%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £240

Previous: £360

Change: -£120 (-33.3%)

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.