Faraday Recruitment Limited

Key Facts

Net Assets

Current: £23,361

Previous: £2,902

Change: +20,459 (+705%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £258,466

Previous: £64,721

Change: +£193,745 (+299.4%)

Comment: Current assets increased significantly.

Cash

Current: £35,115

Previous: £18,939

Change: +£16,176 (+85.4%)

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

Creditors 1 Year

Current: £235,616

Previous: £62,824

Change: +£172,792 (+275%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £22,850

Previous: £1,897

Change: +£20,953 (+1104.5%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £511

Previous: £1,005

Change: -£494 (-49.2%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.