Classic Cars Of Essex Ltd

Key Facts

Net Assets

Current: £24,042

Previous: £19,750

Change: +4,292 (+21.7%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £115

Previous: £5,649

Change: -£5,534 (-98%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £21,817

Previous: £21,597

Change: +£220 (+1%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £22,337

Previous: £38,265

Change: -£15,928 (-41.6%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £20,112

Previous: £40,112

Change: -£20,000 (-49.9%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.