Phillips Fitness Ltd

Key Facts

Net Assets

Current: £950

Previous: £1,593

Change: -643 (-40.4%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £326

Previous: £1,396

Change: -£1,070 (-76.6%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £1,254

Previous: £86

Change: +£1,168 (+1358.1%)

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

Net Current Assets Liabilities

Current: £240

Previous: £1,310

Change: -£1,070 (-81.7%)

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

Fixed Assets

Current: £198

Previous: £283

Change: -£85 (-30%)

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: Not reported

Previous: Not reported

Comment: Not reported