Xings Kitchen Ltd

Key Facts

Net Assets

Current: £75

Previous: £3,869

Change: -3,794 (-98.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £9,845

Previous: £5,905

Change: +£3,940 (+66.7%)

Comment: Current assets increased significantly.

Cash

Current: £9,424

Previous: £5,189

Change: +£4,235 (+81.6%)

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

Creditors 1 Year

Current: £10,503

Previous: £10,460

Change: +£43 (+0.4%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £658

Previous: £4,555

Change: -£3,897 (-85.6%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £583

Previous: £686

Change: -£103 (-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: Not reported

Comment: Not reported