Fort Fareham Garage Ltd

Key Facts

Net Assets

Current: £41,373

Previous: £101,252

Change: -59,879 (-59.1%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £125

Previous: £4,717

Change: -£4,592 (-97.4%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £14,511

Previous: £11,125

Change: +£3,386 (+30.4%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £4,842

Previous: £8,117

Change: -£3,275 (-40.3%)

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

Fixed Assets

Current: £60,726

Previous: £104,260

Change: -£43,534 (-41.8%)

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: 2

Previous: Not reported

Comment: Not reported