Red Rose Travel Lancashire Ltd

Key Facts

Net Assets

Current: £977,599

Previous: £1,416,693

Change: -439,094 (-31%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £463,070

Previous: £632,177

Change: -£169,107 (-26.7%)

Comment: Current assets reduced noticeably.

Cash

Current: £6,570

Previous: £16,657

Change: -£10,087 (-60.6%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £804,033

Previous: £202,309

Change: +£601,724 (+297.4%)

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

Net Current Assets Liabilities

Current: £381,071

Previous: £201,302

Change: +£179,769 (+89.3%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £1,425,561

Previous: £1,442,700

Change: -£17,139 (-1.2%)

Comment: Fixed assets decreased slightly.

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: 7

Previous: 4

Change: +3 (+75%)

Comment: Growing the team by 3 people.