Jack Garrods Mot & Vehicle Repairs Ltd

Key Facts

Net Assets

Current: £77,169

Previous: £43,760

Change: +33,409 (+76.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £92,707

Previous: £58,768

Change: +£33,939 (+57.8%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £34,175

Previous: £36,704

Change: -£2,529 (-6.9%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £58,532

Previous: £22,064

Change: +£36,468 (+165.3%)

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

Fixed Assets

Current: £20,179

Previous: £23,238

Change: -£3,059 (-13.2%)

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: 4

Previous: 5

Change: -1 (-20%)

Comment: Lost a team member.