North London Auto Works Ltd

Key Facts

Net Assets

Current: £39,305

Previous: £16,548

Change: +22,757 (+137.5%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £55

Previous: £1,609

Change: -£1,554 (-96.6%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £39,360

Previous: £18,157

Change: +£21,203 (+116.8%)

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

Net Current Assets Liabilities

Current: £39,305

Previous: £16,548

Change: +£22,757 (+137.5%)

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

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: 2

Previous: 4

Change: -2 (-50%)

Comment: Trimmed the team by 2 people.