Northeast Towbars And Accessories Limited

Key Facts

Net Assets

Current: £6,901

Previous: £4,201

Change: +2,700 (+64.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £6,901

Previous: £1,201

Change: +£5,700 (+474.6%)

Comment: Current assets increased significantly.

Cash

Current: £5,500

Previous: £1,200

Change: +£4,300 (+358.3%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £5,000

Previous: £3,000

Change: +£2,000 (+66.7%)

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

Net Current Assets Liabilities

Current: £599

Previous: £1,299

Change: -£700 (-53.9%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £15,000

Previous: £9,000

Change: +£6,000 (+66.7%)

Comment: Fixed assets increased 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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.