South Wales Removals Ltd

Key Facts

Net Assets

Current: £5,411

Previous: £21,386

Change: -15,975 (-74.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £29,377

Previous: £9,586

Change: +£19,791 (+206.5%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £62,739

Previous: £25,057

Change: +£37,682 (+150.4%)

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

Net Current Assets Liabilities

Current: £18,375

Previous: £4,645

Change: +£13,730 (+295.6%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £49,775

Previous: £41,798

Change: +£7,977 (+19.1%)

Comment: Fixed assets grew steadily.

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: 2

Change: +1 (+50%)

Comment: Added a helper.