Algorhythm London Limited

Key Facts

Net Assets

Current: £38,571

Previous: £114,592

Change: -76,021 (-66.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £163,817

Previous: £321,331

Change: -£157,514 (-49%)

Comment: Current assets fell significantly.

Cash

Current: £67,758

Previous: £139,040

Change: -£71,282 (-51.3%)

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

Creditors 1 Year

Current: £131,297

Previous: £9,167

Change: +£122,130 (+1332.3%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £32,520

Previous: £115,691

Change: -£83,171 (-71.9%)

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

Fixed Assets

Current: £8,068

Previous: £10,758

Change: -£2,690 (-25%)

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: 5

Previous: 5

Change: +0 (+0%)

Comment: No change in team size.