Teifi Taxis Ltd

Key Facts

Net Assets

Current: £8,346

Previous: £77,660

Change: -69,314 (-89.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £63,388

Previous: £64,087

Change: -£699 (-1.1%)

Comment: Current assets decreased slightly.

Cash

Current: £8,055

Previous: £10,798

Change: -£2,743 (-25.4%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £183,947

Previous: £105,997

Change: +£77,950 (+73.5%)

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

Net Current Assets Liabilities

Current: £144,688

Previous: £52,310

Change: +£92,378 (+176.6%)

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

Fixed Assets

Current: £336,981

Previous: £235,967

Change: +£101,014 (+42.8%)

Comment: Fixed assets increased 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: 22

Previous: 16

Change: +6 (+37.5%)

Comment: Strong expansion.