Speedy Haulage Ltd

Key Facts

Net Assets

Current: £1,793

Previous: £71,245

Change: -69,452 (-97.5%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £58,436

Previous: £42,764

Change: +£15,672 (+36.6%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £56,578

Previous: £13,932

Change: +£42,646 (+306.1%)

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

Net Current Assets Liabilities

Current: £1,858

Previous: £28,832

Change: -£26,974 (-93.6%)

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

Fixed Assets

Current: £71,835

Previous: £83,473

Change: -£11,638 (-13.9%)

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: Not reported

Comment: Not reported