Mike Newman Haulage Limited

Key Facts

Net Assets

Current: £18,966

Previous: £75,096

Change: -56,130 (-74.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £42,209

Previous: £96,946

Change: -£54,737 (-56.5%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £9,075

Previous: £18,400

Change: -£9,325 (-50.7%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £27,737

Previous: £277,665

Change: -£249,928 (-90%)

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

Fixed Assets

Current: £55,778

Previous: £371,161

Change: -£315,383 (-85%)

Comment: Fixed assets fell significantly.

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.