Mb Cyclery Ltd

Key Facts

Net Assets

Current: £103,733

Previous: £123,764

Change: -20,031 (-16.2%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £314,310

Previous: £329,133

Change: -£14,823 (-4.5%)

Comment: Current assets decreased slightly.

Cash

Current: £45,481

Previous: £77,321

Change: -£31,840 (-41.2%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £36,818

Previous: £18,514

Change: +£18,304 (+98.9%)

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

Net Current Assets Liabilities

Current: £102,233

Previous: £92,245

Change: +£9,988 (+10.8%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £45,257

Previous: £59,127

Change: -£13,870 (-23.5%)

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: 10

Previous: 10

Change: +0 (+0%)

Comment: No change in team size.