The Hour Glass Studio Limited

Key Facts

Net Assets

Current: £145

Previous: £2,972

Change: -2,827 (-95.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £57,798

Previous: £37,744

Change: +£20,054 (+53.1%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £65,299

Previous: £3,038

Change: +£62,261 (+2049.4%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £7,501

Previous: £8,577

Change: -£1,076 (-12.5%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £7,646

Previous: £14,587

Change: -£6,941 (-47.6%)

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: 12

Previous: 11

Change: +1 (+9.1%)

Comment: Slight growth.