Hgv Repairs Cannock Limited

Key Facts

Net Assets

Current: £29,627

Previous: £37,849

Change: -8,222 (-21.7%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £46,470

Previous: £36,569

Change: +£9,901 (+27.1%)

Comment: Current assets grew moderately.

Cash

Current: £21,647

Previous: £24,075

Change: -£2,428 (-10.1%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £55,172

Previous: £3,334

Change: +£51,838 (+1554.8%)

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

Net Current Assets Liabilities

Current: £8,702

Previous: £17

Change: +£8,685 (+51088.2%)

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

Fixed Assets

Current: £53,000

Previous: £55,871

Change: -£2,871 (-5.1%)

Comment: Fixed assets decreased slightly.

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.