Homes Newcastle Ltd

Key Facts

Net Assets

Current: £88,976

Previous: £102,339

Change: -13,363 (-13.1%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £376,242

Previous: £333,158

Change: +£43,084 (+12.9%)

Comment: Current assets grew moderately.

Cash

Current: £66,751

Previous: £4,894

Change: +£61,857 (+1263.9%)

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

Creditors 1 Year

Current: £494,730

Previous: £471,365

Change: +£23,365 (+5%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £118,488

Previous: £138,207

Change: -£19,719 (-14.3%)

Comment: Net current assets weakened noticeably.

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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.