Auto Solutions West Midlands Ltd

Key Facts

Net Assets

Current: £3,638

Previous: £298

Change: +3,340 (+1120.8%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £21,730

Previous: £21,535

Change: +£195 (+0.9%)

Comment: Current assets increased slightly.

Cash

Current: £782

Previous: £1,098

Change: -£316 (-28.8%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £24,745

Previous: £13,789

Change: +£10,956 (+79.5%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £3,015

Previous: £7,746

Change: -£4,731 (-61.1%)

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

Fixed Assets

Current: £10,873

Previous: £7,836

Change: +£3,037 (+38.8%)

Comment: Fixed assets increased 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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.