Three Lives Down Music Ltd

Key Facts

Net Assets

Current: £5,302

Previous: £9,567

Change: -4,265 (-44.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £48,852

Previous: £38,656

Change: +£10,196 (+26.4%)

Comment: Current assets grew moderately.

Cash

Current: £17,736

Previous: £10,552

Change: +£7,184 (+68.1%)

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

Creditors 1 Year

Current: £43,550

Previous: £29,089

Change: +£14,461 (+49.7%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £5,302

Previous: £9,567

Change: -£4,265 (-44.6%)

Comment: Net current assets fell significantly, reducing 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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.