W M Lofts Ltd

Key Facts

Net Assets

Current: £736

Previous: £7,291

Change: -6,555 (-89.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £1,414

Previous: £5,081

Change: -£3,667 (-72.2%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £6,075

Previous: £10,912

Change: -£4,837 (-44.3%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £3,560

Previous: £4,756

Change: -£1,196 (-25.1%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £4,296

Previous: £12,047

Change: -£7,751 (-64.3%)

Comment: Fixed assets fell 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: 3

Previous: 4

Change: -1 (-25%)

Comment: Lost a team member.