Smooth Tune Colchester Limited

Key Facts

Net Assets

Current: £8,279

Previous: £11,567

Change: -3,288 (-28.4%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £28,155

Previous: £38,227

Change: -£10,072 (-26.3%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £29,629

Previous: £4,149

Change: +£25,480 (+614.1%)

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

Net Current Assets Liabilities

Current: £620

Previous: £2,417

Change: -£1,797 (-74.3%)

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

Fixed Assets

Current: £10,199

Previous: £14,539

Change: -£4,340 (-29.9%)

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.