Express European Couriers Ltd

Key Facts

Net Assets

Current: £753,762

Previous: £738,923

Change: +14,839 (+2%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £700,803

Previous: £750,086

Change: -£49,283 (-6.6%)

Comment: Current assets decreased slightly.

Cash

Current: £35,069

Previous: £777

Change: +£34,292 (+4413.4%)

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

Creditors 1 Year

Current: £2,734,921

Previous: £2,807,918

Change: -£72,997 (-2.6%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £56,109

Previous: £112,359

Change: -£56,250 (-50.1%)

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

Fixed Assets

Current: £3,467,821

Previous: £3,470,121

Change: -£2,300 (-0.1%)

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: 9

Previous: 7

Change: +2 (+28.6%)

Comment: Strengthening the team.