Smiths Of Cheshire Ltd

Key Facts

Net Assets

Current: £4

Previous: £5,316

Change: -5,312 (-99.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £16,853

Previous: £16,884

Change: -£31 (-0.2%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £11,846

Previous: £6,084

Change: +£5,762 (+94.7%)

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

Net Current Assets Liabilities

Current: £5,007

Previous: £10,800

Change: -£5,793 (-53.6%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £2,690

Previous: £2,716

Change: -£26 (-1%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.