Discovery Tours And Events Ltd

Key Facts

Net Assets

Current: £44,084

Previous: £83,755

Change: -39,671 (-47.4%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £61,993

Previous: £159,152

Change: -£97,159 (-61%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £55,661

Previous: £151,250

Change: -£95,589 (-63.2%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £18,884

Previous: £77,539

Change: -£58,655 (-75.6%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £43,109

Previous: £81,613

Change: -£38,504 (-47.2%)

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

Fixed Assets

Current: £975

Previous: £2,416

Change: -£1,441 (-59.6%)

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: 2

Change: +1 (+50%)

Comment: Added a helper.