Mandale Couriers Ltd

Key Facts

Net Assets

Current: £40,223

Previous: £38,242

Change: +1,981 (+5.2%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £10,497

Previous: £12,085

Change: -£1,588 (-13.1%)

Comment: Current assets reduced noticeably.

Cash

Current: £1,869

Previous: £285

Change: +£1,584 (+555.8%)

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

Creditors 1 Year

Current: £45,318

Previous: £36,637

Change: +£8,681 (+23.7%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £34,821

Previous: £24,552

Change: +£10,269 (+41.8%)

Comment: Net current assets increased significantly, improving short‑term solvency.

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: 1

Previous: 2

Change: -1 (-50%)

Comment: Lost a team member.