Sms Ventures Southend Ltd

Key Facts

Net Assets

Current: £28,937

Previous: £53,615

Change: -24,678 (-46%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £64,990

Previous: £31,165

Change: +£33,825 (+108.5%)

Comment: Current assets increased significantly.

Cash

Current: £12,593

Previous: £601

Change: +£11,992 (+1995.3%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £66,627

Previous: £22,835

Change: +£43,792 (+191.8%)

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

Net Current Assets Liabilities

Current: £1,637

Previous: £8,330

Change: -£6,693 (-80.3%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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.