The Lagoon Hair Company Ltd

Key Facts

Net Assets

Current: £1,007

Previous: £3,926

Change: -2,919 (-74.4%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £5,245

Previous: £5,411

Change: -£166 (-3.1%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £6,969

Previous: £4,884

Change: +£2,085 (+42.7%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £1,724

Previous: £527

Change: +£1,197 (+227.1%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £3,391

Previous: £4,029

Change: -£638 (-15.8%)

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: 1

Change: +0 (+0%)

Comment: No change in team size.