Mf Hereford Limited

Key Facts

Net Assets

Current: £42,445

Previous: £64,200

Change: -21,755 (-33.9%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £26,209

Previous: £14,031

Change: +£12,178 (+86.8%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £55,629

Previous: £32,742

Change: +£22,887 (+69.9%)

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

Net Current Assets Liabilities

Current: £25,327

Previous: £14,711

Change: +£10,616 (+72.2%)

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

Fixed Assets

Current: £70,811

Previous: £83,243

Change: -£12,432 (-14.9%)

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: 7

Previous: 8

Change: -1 (-12.5%)

Comment: Lost a team member.