Novel Tours Limited

Key Facts

Net Assets

Current: £936

Previous: £1,532

Change: -596 (-38.9%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £12,602

Previous: £23,198

Change: -£10,596 (-45.7%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £1,666

Previous: £11,666

Change: -£10,000 (-85.7%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £2,602

Previous: £13,198

Change: -£10,596 (-80.3%)

Comment: Net current assets dropped sharply, indicating a major decline 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: 1

Previous: 2

Change: -1 (-50%)

Comment: Lost a team member.