Oakheart Colchester Ltd

Key Facts

Net Assets

Current: £61,258

Previous: £216,447

Change: -155,188 (-71.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £513,682

Previous: £407,741

Change: +£105,941 (+26%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £473,929

Previous: £218,481

Change: +£255,448 (+116.9%)

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

Net Current Assets Liabilities

Current: £40,331

Previous: £189,259

Change: -£148,928 (-78.7%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £20,926

Previous: £28,768

Change: -£7,842 (-27.3%)

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: 6

Previous: 8

Change: -2 (-25%)

Comment: Trimmed the team by 2 people.