Elite Kitchen Developments Limited

Key Facts

Net Assets

Current: £1,311

Previous: £8,516

Change: -7,205 (-84.6%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £17,249

Previous: £9,164

Change: +£8,085 (+88.2%)

Comment: Current assets increased significantly.

Cash

Current: £6,915

Previous: £571

Change: +£6,344 (+1111%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £30,586

Previous: £30,719

Change: -£133 (-0.4%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £13,337

Previous: £21,555

Change: -£8,218 (-38.1%)

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

Fixed Assets

Current: £12,026

Previous: £16,034

Change: -£4,008 (-25%)

Comment: Fixed assets reduced noticeably.

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.