Shabs Beauty Salon Ltd

Key Facts

Net Assets

Current: £2,742

Previous: £6,898

Change: -4,156 (-60.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £6,737

Previous: £17,367

Change: -£10,630 (-61.2%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £3,000

Previous: £7,000

Change: -£4,000 (-57.1%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £2,079

Previous: £9,589

Change: -£7,510 (-78.3%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £3,663

Previous: £4,309

Change: -£646 (-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: 1

Previous: 3

Change: -2 (-66.7%)

Comment: Trimmed the team by 2 people.