South Essex Automotive Accessories Limited

Key Facts

Net Assets

Current: £1,853

Previous: £2,476

Change: -623 (-25.2%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £209,235

Previous: £168,441

Change: +£40,794 (+24.2%)

Comment: Current assets grew moderately.

Cash

Current: £27,510

Previous: £10,679

Change: +£16,831 (+157.6%)

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

Creditors 1 Year

Current: £111,702

Previous: £27,319

Change: +£84,383 (+308.9%)

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

Net Current Assets Liabilities

Current: £37,803

Previous: £41,860

Change: -£4,057 (-9.7%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £75,752

Previous: £71,655

Change: +£4,097 (+5.7%)

Comment: Fixed assets increased 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: 5

Previous: 6

Change: -1 (-16.7%)

Comment: Lost a team member.