Advance Cars Warwick Limited

Key Facts

Net Assets

Current: £29,844

Previous: £40,791

Change: -10,947 (-26.8%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £27,638

Previous: £84,686

Change: -£57,048 (-67.4%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £18,520

Previous: £84,686

Change: -£66,166 (-78.1%)

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

Creditors 1 Year

Current: £7,576

Previous: £16,500

Change: -£8,924 (-54.1%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £3,453

Previous: £14,832

Change: -£11,379 (-76.7%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 5

Change: -1 (-20%)

Comment: Lost a team member.