Quality Cars West Midlands Ltd

Key Facts

Net Assets

Current: £2,508

Previous: £283

Change: +2,225 (+786.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £196,511

Previous: £201,840

Change: -£5,329 (-2.6%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £23,653

Previous: £97,704

Change: -£74,051 (-75.8%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £16,236

Previous: £98,462

Change: -£82,226 (-83.5%)

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

Fixed Assets

Current: £10,400

Previous: Not reported

Comment: Not reported

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.