Simple Mortgages Cambridge Ltd

Key Facts

Net Assets

Current: £18,673

Previous: £13,618

Change: +5,055 (+37.1%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £20,259

Previous: £16,158

Change: +£4,101 (+25.4%)

Comment: Current assets grew moderately.

Cash

Current: £4,246

Previous: £12,229

Change: -£7,983 (-65.3%)

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

Creditors 1 Year

Current: £4,170

Previous: £3,880

Change: +£290 (+7.5%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £16,089

Previous: £12,278

Change: +£3,811 (+31%)

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

Fixed Assets

Current: £2,584

Previous: £1,340

Change: +£1,244 (+92.8%)

Comment: Fixed assets increased significantly.

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.