Bodycare, specifically BODYCARE HEALTH & BEAUTY LIMITED, has a net worth of -£8,290,693.00 as reported for both 2019 and 2021. This figure represents the company's financial standing, where its liabilities exceed its assets.
Understanding Bodycare's Valuation
The net worth of a company, also known as shareholder equity or book value, is calculated by subtracting its total liabilities from its total assets. A negative net worth indicates that the company's liabilities are greater than its assets, suggesting financial challenges.
For BODYCARE HEALTH & BEAUTY LIMITED, the consistent negative net worth across multiple reporting periods highlights a significant financial deficit.
Key Financial Overview of BODYCARE HEALTH & BEAUTY LIMITED
To provide a comprehensive view of the company's financial position, here's a breakdown of its key financial metrics:
Net Worth Over Time
| Metric | 2019 | 2021 |
|---|---|---|
| Net Worth | -£8,290,693.00 | -£8,290,693.00 |
This table clearly shows the stable, yet significantly negative, net worth of the company over these two years.
Other Important Financial Metrics
Beyond net worth, examining other financial components helps in understanding the company's operational liquidity and debt structure.
| Metric | 2019 | 2021 |
|---|---|---|
| Cash | £681.00 | £2,115.00 |
| Total Current Assets | £681.00 | £2,115.00 |
| Total Current Liabilities | £8,291,374.00 | £8,292,808.00 |
- Cash: The available cash balance shows a slight increase from 2019 to 2021, though remaining relatively low compared to liabilities.
- Total Current Assets: These are assets expected to be converted into cash within one year. In both years, the total current assets are equivalent to the cash on hand, indicating very limited other liquid assets.
- Total Current Liabilities: These are obligations due within one year. The significant increase in current liabilities from 2019 to 2021 further contributes to the challenging financial position, dwarfing the available assets.
The combination of minimal assets and substantial liabilities leads to the pronounced negative net worth for BODYCARE HEALTH & BEAUTY LIMITED.
