Bargain Tyres Essex Ltd

Key Facts

Net Assets

Current: £10,359

Previous: £8,360

Change: +1,999 (+23.9%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £90,918

Previous: £46,472

Change: +£44,446 (+95.6%)

Comment: Current assets increased significantly.

Cash

Current: £52,240

Previous: £30,116

Change: +£22,124 (+73.5%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £87,313

Previous: £47,117

Change: +£40,196 (+85.3%)

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

Net Current Assets Liabilities

Current: £3,605

Previous: £645

Change: +£2,960 (+458.9%)

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

Fixed Assets

Current: £6,754

Previous: £9,005

Change: -£2,251 (-25%)

Comment: Fixed assets reduced noticeably.

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: 2

Change: +0 (+0%)

Comment: No change in team size.