The Hourglass Tutbury Ltd

Key Facts

Net Assets

Current: £20,245

Previous: £46,568

Change: -26,323 (-56.5%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £43,385

Previous: £60,964

Change: -£17,579 (-28.8%)

Comment: Current assets reduced noticeably.

Cash

Current: £30,410

Previous: £54,607

Change: -£24,197 (-44.3%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £33,189

Previous: £25,739

Change: +£7,450 (+28.9%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £10,196

Previous: £35,225

Change: -£25,029 (-71.1%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

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: 18

Previous: 12

Change: +6 (+50%)

Comment: Strong expansion.