Newark Fitness Ltd

Key Facts

Net Assets

Current: £5,577

Previous: £780

Change: +4,797 (+615%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £12,100

Previous: £11,495

Change: +£605 (+5.3%)

Comment: Current assets increased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £6,778

Previous: £11,055

Change: -£4,277 (-38.7%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £5,322

Previous: £440

Change: +£4,882 (+1109.5%)

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

Fixed Assets

Current: £255

Previous: £340

Change: -£85 (-25%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.