H Morgan Haulage Limited

Key Facts

Net Assets

Current: £153,873

Previous: £222,807

Change: -68,934 (-30.9%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £141,633

Previous: £149,524

Change: -£7,891 (-5.3%)

Comment: Current assets decreased slightly.

Cash

Current: £51,323

Previous: £35,140

Change: +£16,183 (+46.1%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £120,609

Previous: £75,627

Change: +£44,982 (+59.5%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £21,024

Previous: £73,897

Change: -£52,873 (-71.5%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 7

Previous: 8

Change: -1 (-12.5%)

Comment: Lost a team member.