Phone Planet Newcastle Ltd

Key Facts

Net Assets

Current: £13,363

Previous: £13,221

Change: +142 (+1.1%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £13,448

Previous: £13,362

Change: +£86 (+0.6%)

Comment: Current assets increased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £23,752

Previous: £6,501

Change: +£17,251 (+265.4%)

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

Net Current Assets Liabilities

Current: £2,287

Previous: £9,999

Change: -£7,712 (-77.1%)

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

Fixed Assets

Current: £9,302

Previous: £11,023

Change: -£1,721 (-15.6%)

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: 5

Previous: 3

Change: +2 (+66.7%)

Comment: Strengthening the team.