P7 Kitchen Commercial Ltd

Key Facts

Net Assets

Current: £301

Previous: £2,690

Change: -2,389 (-88.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £112,962

Previous: £84,779

Change: +£28,183 (+33.2%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £188,537

Previous: £45,333

Change: +£143,204 (+315.9%)

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

Net Current Assets Liabilities

Current: £25,307

Previous: £16,617

Change: +£8,690 (+52.3%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £26,082

Previous: £33,081

Change: -£6,999 (-21.2%)

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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.