Studio 3 Ely Ltd

Key Facts

Net Assets

Current: £3,415

Previous: £6,867

Change: -3,452 (-50.3%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £23,402

Previous: £28,685

Change: -£5,283 (-18.4%)

Comment: Current assets reduced noticeably.

Cash

Current: £2,340

Previous: £11,456

Change: -£9,116 (-79.6%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £20,157

Previous: £21,466

Change: -£1,309 (-6.1%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £3,245

Previous: £7,219

Change: -£3,974 (-55%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

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: 5

Previous: 5

Change: +0 (+0%)

Comment: No change in team size.