The Styling Yard Salon Ltd

Key Facts

Net Assets

Current: £2,626

Previous: £6,986

Change: -4,360 (-62.4%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £7,779

Previous: £8,521

Change: -£742 (-8.7%)

Comment: Current assets decreased slightly.

Cash

Current: £1,861

Previous: £4,362

Change: -£2,501 (-57.3%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £10,407

Previous: £15,509

Change: -£5,102 (-32.9%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £2,628

Previous: £6,988

Change: -£4,360 (-62.4%)

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

Fixed Assets

Current: £2

Previous: £2

Change: +£0 (+0%)

Comment: No change in fixed assets.

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.