Helmetcity Somerset Limited

Key Facts

Net Assets

Current: £7,070

Previous: £110,491

Change: -103,421 (-93.6%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £346,924

Previous: £343,648

Change: +£3,276 (+1%)

Comment: Current assets increased slightly.

Cash

Current: £98,076

Previous: £165,522

Change: -£67,446 (-40.7%)

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

Creditors 1 Year

Current: £337,743

Previous: £226,662

Change: +£111,081 (+49%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £9,181

Previous: £116,986

Change: -£107,805 (-92.2%)

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

Fixed Assets

Current: £8,574

Previous: £15,651

Change: -£7,077 (-45.2%)

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.