Richmond Classic Motorcycle Restorations Ltd

Key Facts

Net Assets

Current: £13,803

Previous: £10,350

Change: +3,453 (+33.4%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £14,536

Previous: £19,496

Change: -£4,960 (-25.4%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £2,477

Previous: £11,526

Change: -£9,049 (-78.5%)

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

Net Current Assets Liabilities

Current: £12,059

Previous: £7,970

Change: +£4,089 (+51.3%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £2,544

Previous: £3,180

Change: -£636 (-20%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.