# PICASSO CUT & COFFEE LTD (12899158)

> PICASSO CUT & COFFEE LTD is an active private limited company (company number 12899158) incorporated on 23 September 2020, registered in Welwyn Garden City. Its registered activity is hairdressing and other beauty treatment (SIC 96020). Latest micro accounts cover the period ending 30 September 2025, showing net assets of £1,645, with 4 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 75% on the prior period (£6,637). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2020-09-23
- Registered office: Welwyn Garden City, AL8 6DL
- SIC 96020: Hairdressing and other beauty treatment
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-10-07
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 415 comparable companies in Hertfordshire (median £528, upper quartile £7,932).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | £1,645 | — | — | £39k | — | — | 4 |
| 2024-09-30 | £6,637 | — | — | £12k | — | — | 3 |
| 2023-09-30 | £22k | — | — | £0 | — | — | 3 |

current ratio 0.65; net assets trend falling; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £1,645 at 30 September 2025
- Net assets down 25% or more on the prior period: -75.2% vs prior period
- Current assets below creditors within one year: Current ratio 0.65
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 23 September 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Jafar Monemi Holaso — owns 75–100% of shares; holds 75–100% of voting rights, since 2026-05-01

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12899158
HTML: https://firmoscan.com/company/12899158-picasso-cut-coffee-ltd