True Padel Sunderland Ltd

Key Facts

Net Assets

Current: £51,923

Previous: £77,763

Change: -25,840 (-33.2%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £260,621

Previous: £85,800

Change: +£174,821 (+203.8%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £128,662

Previous: £505,382

Change: -£376,720 (-74.5%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £207,083

Previous: £126,629

Change: +£80,454 (+63.5%)

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

Fixed Assets

Current: £446,729

Previous: £300,990

Change: +£145,739 (+48.4%)

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: 7

Previous: 2

Change: +5 (+250%)

Comment: Growing the team by 5 people.