The Tile Studio Banbury Limited

Key Facts

Net Assets

Current: £96,051

Previous: £121,638

Change: -25,587 (-21%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £123,324

Previous: £185,782

Change: -£62,458 (-33.6%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £32,835

Previous: £7,173

Change: +£25,662 (+357.8%)

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

Net Current Assets Liabilities

Current: £61,269

Previous: £96,721

Change: -£35,452 (-36.7%)

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

Fixed Assets

Current: £70,809

Previous: £36,205

Change: +£34,604 (+95.6%)

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.