Simply Stoves Limited

Key Facts

Net Assets

Current: £33,660

Previous: £1,552,847

Change: -1,519,187 (-97.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £156,431

Previous: £818,835

Change: -£662,404 (-80.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £72,682

Previous: £626,558

Change: -£553,876 (-88.4%)

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

Creditors 1 Year

Current: £125,060

Previous: £216,944

Change: -£91,884 (-42.4%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £31,371

Previous: £601,891

Change: -£570,520 (-94.8%)

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

Fixed Assets

Current: £2,289

Previous: £1,033,154

Change: -£1,030,865 (-99.8%)

Comment: Fixed assets fell 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: 4

Previous: 5

Change: -1 (-20%)

Comment: Lost a team member.