New City Taxis Limited

Key Facts

Net Assets

Current: £472,840

Previous: £190,325

Change: +282,515 (+148.4%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £602,130

Previous: £226,325

Change: +£375,805 (+166%)

Comment: Current assets increased significantly.

Cash

Current: £146,239

Previous: £135,506

Change: +£10,733 (+7.9%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £130,271

Previous: £52,047

Change: +£78,224 (+150.3%)

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

Net Current Assets Liabilities

Current: £471,859

Previous: £174,278

Change: +£297,581 (+170.8%)

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

Fixed Assets

Current: £981

Previous: £16,047

Change: -£15,066 (-93.9%)

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: 7

Previous: 8

Change: -1 (-12.5%)

Comment: Lost a team member.