Wills Garage Folkestone Limited

Key Facts

Net Assets

Current: £46,915

Previous: £72,823

Change: -25,908 (-35.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £71,584

Previous: £101,718

Change: -£30,134 (-29.6%)

Comment: Current assets reduced noticeably.

Cash

Current: £52,068

Previous: £89,920

Change: -£37,852 (-42.1%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £39,083

Previous: £42,977

Change: -£3,894 (-9.1%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £32,501

Previous: £58,741

Change: -£26,240 (-44.7%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £19,277

Previous: £17,542

Change: +£1,735 (+9.9%)

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: 7

Previous: 7

Change: +0 (+0%)

Comment: No change in team size.