Absolute Cars Cheltenham Ltd

Key Facts

Net Assets

Current: £110,649

Previous: £72,259

Change: +38,390 (+53.1%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £425,232

Previous: £350,977

Change: +£74,255 (+21.2%)

Comment: Current assets grew moderately.

Cash

Current: £71,901

Previous: £49,987

Change: +£21,914 (+43.8%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £317,820

Previous: £281,745

Change: +£36,075 (+12.8%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £107,412

Previous: £69,232

Change: +£38,180 (+55.1%)

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

Fixed Assets

Current: £3,237

Previous: £3,027

Change: +£210 (+6.9%)

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.