Wedding Rings Direct Ltd

Key Facts

Net Assets

Current: £151,334

Previous: £138,177

Change: +13,157 (+9.5%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £622,283

Previous: £602,781

Change: +£19,502 (+3.2%)

Comment: Current assets increased slightly.

Cash

Current: £399

Previous: £1,609

Change: -£1,210 (-75.2%)

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

Creditors 1 Year

Current: £776,566

Previous: £794,154

Change: -£17,588 (-2.2%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £154,283

Previous: £191,373

Change: -£37,090 (-19.4%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £342,205

Previous: £412,661

Change: -£70,456 (-17.1%)

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: 3

Previous: 4

Change: -1 (-25%)

Comment: Lost a team member.