City Tyres Specialists Norwich Ltd

Key Facts

Net Assets

Current: £24,332

Previous: £27,843

Change: -3,511 (-12.6%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £46,866

Previous: £39,497

Change: +£7,369 (+18.7%)

Comment: Current assets grew moderately.

Cash

Current: £32,308

Previous: £29,238

Change: +£3,070 (+10.5%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £25,646

Previous: £17,342

Change: +£8,304 (+47.9%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £21,220

Previous: £22,155

Change: -£935 (-4.2%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £3,112

Previous: £5,688

Change: -£2,576 (-45.3%)

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.