Gifts London Ltd

Key Facts

Net Assets

Current: £822

Previous: £1,893

Change: -1,071 (-56.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £22,918

Previous: £10,729

Change: +£12,189 (+113.6%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £11,200

Previous: £4,800

Change: +£6,400 (+133.3%)

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

Net Current Assets Liabilities

Current: £14,402

Previous: £8,363

Change: +£6,039 (+72.2%)

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

Fixed Assets

Current: £200

Previous: £250

Change: -£50 (-20%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.