Kingsgate Lettings Ltd

Key Facts

Net Assets

Current: £81,465

Previous: £37,781

Change: +43,684 (+115.6%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £28,024

Previous: £47,803

Change: -£19,779 (-41.4%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £580,000

Previous: £400,000

Change: +£180,000 (+45%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £17,399

Previous: £40,382

Change: -£22,983 (-56.9%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £644,066

Previous: £397,399

Change: +£246,667 (+62.1%)

Comment: Fixed assets increased 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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.