Massiahs Kitchen Ltd

Key Facts

Net Assets

Current: £31

Previous: £20,518

Change: -20,487 (-99.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £20,490

Previous: £51,968

Change: -£31,478 (-60.6%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £14,723

Previous: £51,968

Change: -£37,245 (-71.7%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £37,014

Previous: £47,543

Change: -£10,529 (-22.1%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £16,524

Previous: £4,425

Change: +£12,099 (+273.4%)

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

Fixed Assets

Current: £23,603

Previous: £26,418

Change: -£2,815 (-10.7%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.