Tipton Mot And Tyre Centre Ltd

Key Facts

Net Assets

Current: £8,681

Previous: £29,236

Change: -20,555 (-70.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £58

Previous: £15,147

Change: -£15,089 (-99.6%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £58

Previous: £15,147

Change: -£15,089 (-99.6%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £128,965

Previous: £4,725

Change: +£124,240 (+2629.4%)

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

Net Current Assets Liabilities

Current: £74,694

Previous: £1,005

Change: +£73,689 (+7332.2%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £212,340

Previous: £32,956

Change: +£179,384 (+544.3%)

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.