Passion Kitchen Ltd

Key Facts

Net Assets

Current: £25,622

Previous: £42,200

Change: -16,578 (-39.3%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £25,765

Previous: £1,313

Change: +£24,452 (+1862.3%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £42,683

Previous: £45,590

Change: -£2,907 (-6.4%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £2,479

Previous: £12,813

Change: -£10,334 (-80.7%)

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

Fixed Assets

Current: £14,582

Previous: £16,203

Change: -£1,621 (-10%)

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.