Townsend Autos Belfast Ltd

Key Facts

Net Assets

Current: £2,742

Previous: £124

Change: +2,618 (+2111.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £3,665

Previous: £7,704

Change: -£4,039 (-52.4%)

Comment: Current assets fell significantly.

Cash

Current: £720

Previous: £4,759

Change: -£4,039 (-84.9%)

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

Creditors 1 Year

Current: £20,385

Previous: £33,730

Change: -£13,345 (-39.6%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £3,065

Previous: £7,104

Change: -£4,039 (-56.9%)

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

Fixed Assets

Current: £20,062

Previous: £26,750

Change: -£6,688 (-25%)

Comment: Fixed assets reduced noticeably.

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.