Collinsons Sunderland Ltd

Key Facts

Net Assets

Current: £1,833

Previous: £3,766

Change: -1,933 (-51.3%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £89,975

Previous: £113,342

Change: -£23,367 (-20.6%)

Comment: Current assets reduced noticeably.

Cash

Current: £2,545

Previous: £2,158

Change: +£387 (+17.9%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £64,944

Previous: £66,526

Change: -£1,582 (-2.4%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £25,031

Previous: £46,816

Change: -£21,785 (-46.5%)

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

Fixed Assets

Current: £35,187

Previous: £35,250

Change: -£63 (-0.2%)

Comment: Fixed assets decreased slightly.

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: 3

Change: -1 (-33.3%)

Comment: Lost a team member.