916 Studio London Ltd

Key Facts

Net Assets

Current: £9,050

Previous: £44,932

Change: -35,882 (-79.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £35,544

Previous: £90,202

Change: -£54,658 (-60.6%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £22,156

Previous: £68,714

Change: -£46,558 (-67.8%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £26,756

Previous: £45,951

Change: -£19,195 (-41.8%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £8,788

Previous: £44,251

Change: -£35,463 (-80.1%)

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

Fixed Assets

Current: £422

Previous: £841

Change: -£419 (-49.8%)

Comment: Fixed assets fell significantly.

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.