Red Square Newcastle Limited

Key Facts

Net Assets

Current: £2,107

Previous: £6,057

Change: -3,950 (-65.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £31,769

Previous: £32,560

Change: -£791 (-2.4%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £34,618

Previous: £39,469

Change: -£4,851 (-12.3%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £2,496

Previous: £6,565

Change: -£4,069 (-62%)

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

Fixed Assets

Current: £474

Previous: £593

Change: -£119 (-20.1%)

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.