Art K Fareham Ltd

Key Facts

Net Assets

Current: £308

Previous: £13,032

Change: -12,724 (-97.6%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £41,071

Previous: £25,555

Change: +£15,516 (+60.7%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £34,544

Previous: £31,006

Change: +£3,538 (+11.4%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £33,120

Previous: £15,397

Change: +£17,723 (+115.1%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £1,732

Previous: £2,577

Change: -£845 (-32.8%)

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.