Wems Kitchen Limited

Key Facts

Net Assets

Current: £9,471

Previous: £7,819

Change: +1,652 (+21.1%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £14,799

Previous: £15,267

Change: -£468 (-3.1%)

Comment: Current assets decreased slightly.

Cash

Current: £11,604

Previous: £11,292

Change: +£312 (+2.8%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £6,952

Previous: £9,360

Change: -£2,408 (-25.7%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £7,847

Previous: £5,907

Change: +£1,940 (+32.8%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £2,006

Previous: £2,360

Change: -£354 (-15%)

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: 2

Change: +1 (+50%)

Comment: Added a helper.