Turbo Motorcycles Ltd

Key Facts

Net Assets

Current: £59,867

Previous: £57,530

Change: +2,337 (+4.1%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £66,242

Previous: £54,392

Change: +£11,850 (+21.8%)

Comment: Current assets grew moderately.

Cash

Current: £48,698

Previous: £42,710

Change: +£5,988 (+14%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £65,533

Previous: £16,194

Change: +£49,339 (+304.7%)

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

Net Current Assets Liabilities

Current: £709

Previous: £38,198

Change: -£37,489 (-98.1%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

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: 5

Previous: 7

Change: -2 (-28.6%)

Comment: Trimmed the team by 2 people.