The Fone Shop Watford Ltd

Key Facts

Net Assets

Current: £17,284

Previous: £15,632

Change: +1,652 (+10.6%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £7,531

Previous: £3,109

Change: +£4,422 (+142.2%)

Comment: Current assets increased significantly.

Cash

Current: £4,531

Previous: £609

Change: +£3,922 (+644%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £4,677

Previous: £5,049

Change: -£372 (-7.4%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £2,854

Previous: £1,940

Change: +£914 (+47.1%)

Comment: Net current assets increased significantly, improving 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: 3

Previous: 5

Change: -2 (-40%)

Comment: Trimmed the team by 2 people.