Bays Kitchen Ltd

Key Facts

Net Assets

Current: £42,571

Previous: £118,096

Change: -75,525 (-64%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £138,650

Previous: £199,719

Change: -£61,069 (-30.6%)

Comment: Current assets fell significantly.

Cash

Current: £28,596

Previous: £66,223

Change: -£37,627 (-56.8%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £96,630

Previous: £12,209

Change: +£84,421 (+691.5%)

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

Net Current Assets Liabilities

Current: £42,020

Previous: £129,060

Change: -£87,040 (-67.4%)

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

Fixed Assets

Current: £551

Previous: £1,245

Change: -£694 (-55.7%)

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: 5

Previous: 4

Change: +1 (+25%)

Comment: Added a helper.