Velar Barbers Ltd

Key Facts

Net Assets

Current: £2,974

Previous: £4,546

Change: -1,572 (-34.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £6,002

Previous: £6,304

Change: -£302 (-4.8%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £10,793

Previous: £16,260

Change: -£5,467 (-33.6%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £2,328

Previous: £5,254

Change: -£2,926 (-55.7%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £5,491

Previous: £6,460

Change: -£969 (-15%)

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: 4

Previous: 2

Change: +2 (+100%)

Comment: Strengthening the team.