Oceanic Drifter Fishing Ltd

Key Facts

Net Assets

Current: £187,504

Previous: £3,001,939

Change: -2,814,435 (-93.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £998,454

Previous: £562,683

Change: +£435,771 (+77.4%)

Comment: Current assets increased significantly.

Cash

Current: £14,436

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £2,827,030

Previous: £1,473,802

Change: +£1,353,228 (+91.8%)

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

Net Current Assets Liabilities

Current: £1,828,576

Previous: £911,119

Change: +£917,457 (+100.7%)

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

Fixed Assets

Current: £4,312,240

Previous: £6,780,995

Change: -£2,468,755 (-36.4%)

Comment: Fixed assets fell 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: 11

Previous: 1

Change: +10 (+1000%)

Comment: Strong expansion.