Wok Inn South Shields Limited

Key Facts

Net Assets

Current: £13,758

Previous: £25,310

Change: -11,552 (-45.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £7,121

Previous: £2,474

Change: +£4,647 (+187.8%)

Comment: Current assets increased significantly.

Cash

Current: £6,385

Previous: £1,723

Change: +£4,662 (+270.6%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £5,818

Previous: £7,241

Change: -£1,423 (-19.7%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £9,331

Previous: £18,071

Change: -£8,740 (-48.4%)

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

Fixed Assets

Current: £1,391

Previous: £2

Change: +£1,389 (+69450%)

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: 4

Previous: Not reported

Comment: Not reported