Kwikshift Removals Ltd

Key Facts

Net Assets

Current: £10,181

Previous: £43,711

Change: -33,530 (-76.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £171,771

Previous: £139,476

Change: +£32,295 (+23.2%)

Comment: Current assets grew moderately.

Cash

Current: £4,475

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £160,719

Previous: £95,778

Change: +£64,941 (+67.8%)

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

Net Current Assets Liabilities

Current: £11,052

Previous: £43,698

Change: -£32,646 (-74.7%)

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

Fixed Assets

Current: £15,760

Previous: £13

Change: +£15,747 (+121130.8%)

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: 3

Previous: 1

Change: +2 (+200%)

Comment: Strengthening the team.