Spectrum Hair Tanning & Beauty Salon Ltd

Key Facts

Net Assets

Current: £2

Previous: £6,062

Change: -6,060 (-100%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £11,590

Previous: £3,841

Change: +£7,749 (+201.7%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £11,588

Previous: £10,717

Change: +£871 (+8.1%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £2

Previous: £6,876

Change: -£6,874 (-100%)

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

Fixed Assets

Current: £814

Previous: Not reported

Comment: Not reported

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: 3

Previous: 5

Change: -2 (-40%)

Comment: Trimmed the team by 2 people.