Reas Oldham Ltd

Key Facts

Net Assets

Current: £6,127

Previous: £11,400

Change: -5,273 (-46.3%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £17,079

Previous: £25,063

Change: -£7,984 (-31.9%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £4,984

Previous: £10,255

Change: -£5,271 (-51.4%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £2,775

Previous: £10,237

Change: -£7,462 (-72.9%)

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

Fixed Assets

Current: £11,535

Previous: £15,340

Change: -£3,805 (-24.8%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.