Versatile Learning Salford Ltd

Key Facts

Net Assets

Current: £3,331

Previous: £22,385

Change: -19,054 (-85.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £9,442

Previous: £28,968

Change: -£19,526 (-67.4%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £14,595

Previous: £14,783

Change: -£188 (-1.3%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £5,153

Previous: £14,185

Change: -£9,032 (-63.7%)

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

Fixed Assets

Current: £8,484

Previous: £8,200

Change: +£284 (+3.5%)

Comment: Fixed assets increased slightly.

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: 1

Change: +4 (+400%)

Comment: Growing the team by 4 people.