Snips Hair Salon Ltd

Key Facts

Net Assets

Current: £37,973

Previous: £42,752

Change: -4,779 (-11.2%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £983

Previous: £1,888

Change: -£905 (-47.9%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £40,888

Previous: £45,275

Change: -£4,387 (-9.7%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £39,678

Previous: £46,805

Change: -£7,127 (-15.2%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £4,823

Previous: £6,029

Change: -£1,206 (-20%)

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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.