Mid Kent Metals Recycling Limited

Key Facts

Net Assets

Current: £567,805

Previous: £931,132

Change: -363,327 (-39%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £508,824

Previous: £757,837

Change: -£249,013 (-32.9%)

Comment: Current assets fell significantly.

Cash

Current: £15,611

Previous: £41,533

Change: -£25,922 (-62.4%)

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

Creditors 1 Year

Current: £107,270

Previous: £325,671

Change: -£218,401 (-67.1%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £103,527

Previous: £479,190

Change: -£375,663 (-78.4%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £690,475

Previous: £870,030

Change: -£179,555 (-20.6%)

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: 9

Previous: 9

Change: +0 (+0%)

Comment: No change in team size.