Grimesthorpe Car And Commercial Mot Centre Ltd

Key Facts

Net Assets

Current: £1,582

Previous: £5,570

Change: -3,988 (-71.6%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £20,338

Previous: £29,993

Change: -£9,655 (-32.2%)

Comment: Current assets fell significantly.

Cash

Current: £18,672

Previous: £11,257

Change: +£7,415 (+65.9%)

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

Creditors 1 Year

Current: £24,412

Previous: £38,885

Change: -£14,473 (-37.2%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £4,074

Previous: £8,892

Change: -£4,818 (-54.2%)

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

Fixed Assets

Current: £2,492

Previous: £3,322

Change: -£830 (-25%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.