Wells Gym Ltd

Key Facts

Net Assets

Current: £9,627

Previous: £8,353

Change: +1,274 (+15.3%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £8,197

Previous: £7,541

Change: +£656 (+8.7%)

Comment: Current assets increased slightly.

Cash

Current: £2,078

Previous: £1,613

Change: +£465 (+28.8%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £17,073

Previous: £25,975

Change: -£8,902 (-34.3%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £41,005

Previous: £15,386

Change: +£25,619 (+166.5%)

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

Fixed Assets

Current: £48,451

Previous: £33,008

Change: +£15,443 (+46.8%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.