Sovereign Bathrooms Winchester Ltd

Key Facts

Net Assets

Current: £421

Previous: £25,472

Change: -25,051 (-98.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £53,455

Previous: £147,609

Change: -£94,154 (-63.8%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £20,980

Previous: £24,207

Change: -£3,227 (-13.3%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £11,816

Previous: £34,393

Change: -£22,577 (-65.6%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £12,237

Previous: £59,983

Change: -£47,746 (-79.6%)

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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.