Spring Gymnastics Ltd

Key Facts

Net Assets

Current: £9,697

Previous: £28,712

Change: -19,015 (-66.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £40,016

Previous: £41,473

Change: -£1,457 (-3.5%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £76,711

Previous: £5,051

Change: +£71,660 (+1418.7%)

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

Net Current Assets Liabilities

Current: £17,276

Previous: £2,079

Change: +£15,197 (+731%)

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

Fixed Assets

Current: £33,829

Previous: £31,684

Change: +£2,145 (+6.8%)

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: 38

Previous: 43

Change: -5 (-11.6%)

Comment: A noticeable staff reduction.