Reads Lettings Limited

Key Facts

Net Assets

Current: £3,357

Previous: £8,894

Change: -5,537 (-62.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £817

Previous: £10,002

Change: -£9,185 (-91.8%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £2,540

Previous: £1,108

Change: +£1,432 (+129.2%)

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

Net Current Assets Liabilities

Current: £3,357

Previous: £8,894

Change: -£5,537 (-62.3%)

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

Fixed Assets

Current: Not reported

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.