Friction Cycles Limited

Key Facts

Net Assets

Current: £103,447

Previous: £93,819

Change: +9,628 (+10.3%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £204,939

Previous: £203,820

Change: +£1,119 (+0.5%)

Comment: Current assets increased slightly.

Cash

Current: £40,530

Previous: £62,112

Change: -£21,582 (-34.7%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £53,530

Previous: £71,229

Change: -£17,699 (-24.8%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £151,409

Previous: £132,591

Change: +£18,818 (+14.2%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £33,015

Previous: £41,481

Change: -£8,466 (-20.4%)

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: 6

Previous: 6

Change: +0 (+0%)

Comment: No change in team size.