Magnum Private Hire Ltd

Key Facts

Net Assets

Current: £10,855

Previous: £77,983

Change: -67,128 (-86.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £366,157

Previous: £108,735

Change: +£257,422 (+236.7%)

Comment: Current assets increased significantly.

Cash

Current: £325,794

Previous: £62,726

Change: +£263,068 (+419.4%)

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

Creditors 1 Year

Current: £198,685

Previous: £201,485

Change: -£2,800 (-1.4%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £117,583

Previous: £16,451

Change: +£101,132 (+614.7%)

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

Fixed Assets

Current: £91,957

Previous: £107,051

Change: -£15,094 (-14.1%)

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: 15

Previous: 15

Change: +0 (+0%)

Comment: No meaningful change.