St Motors Lichfield Ltd

Key Facts

Net Assets

Current: £753

Previous: £12,027

Change: -11,274 (-93.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £4,447

Previous: £26,627

Change: -£22,180 (-83.3%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £2,832

Previous: £16,024

Change: -£13,192 (-82.3%)

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

Net Current Assets Liabilities

Current: £1,615

Previous: £10,603

Change: -£8,988 (-84.8%)

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

Fixed Assets

Current: £263

Previous: £2,549

Change: -£2,286 (-89.7%)

Comment: Fixed assets fell significantly.

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: Not reported

Previous: 1.00

Comment: Not reported