Temple Cycles Ltd

Key Facts

Net Assets

Current: £316,132

Previous: £601,509

Change: -285,377 (-47.4%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £1,223,827

Previous: £1,371,955

Change: -£148,128 (-10.8%)

Comment: Current assets reduced noticeably.

Cash

Current: £42,220

Previous: £256,817

Change: -£214,597 (-83.6%)

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

Creditors 1 Year

Current: £637,500

Previous: £637,500

Change: +£0 (+0%)

Comment: No change in short‑term creditors.

Net Current Assets Liabilities

Current: £933,563

Previous: £1,206,816

Change: -£273,253 (-22.6%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £22,370

Previous: £32,193

Change: -£9,823 (-30.5%)

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: 12

Previous: Not reported

Comment: Not reported