The Cornholme & Portsmouth Old Library Ltd

Key Facts

Net Assets

Current: £19,215

Previous: £36,000

Change: -16,785 (-46.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £13,830

Previous: £15,795

Change: -£1,965 (-12.4%)

Comment: Current assets reduced noticeably.

Cash

Current: £13,040

Previous: £15,062

Change: -£2,022 (-13.4%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £5,309

Previous: £1,066

Change: +£4,243 (+398%)

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

Net Current Assets Liabilities

Current: £8,521

Previous: £14,729

Change: -£6,208 (-42.1%)

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

Fixed Assets

Current: £10,694

Previous: £21,271

Change: -£10,577 (-49.7%)

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: Not reported

Comment: Not reported