Newark Cycles Ltd

Key Facts

Net Assets

Current: £59,930

Previous: £60,526

Change: -596 (-1%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £25,000

Previous: £30,000

Change: -£5,000 (-16.7%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £4,415

Previous: £8,718

Change: -£4,303 (-49.4%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £55,515

Previous: £51,608

Change: +£3,907 (+7.6%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.