Autospeed Servicing & Mot Limited

Key Facts

Net Assets

Current: £265,485

Previous: £268,156

Change: -2,671 (-1%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £117,053

Previous: £26,447

Change: +£90,606 (+342.6%)

Comment: Current assets increased significantly.

Cash

Current: £80,104

Previous: £5,330

Change: +£74,774 (+1402.9%)

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

Creditors 1 Year

Current: £140,170

Previous: £62,092

Change: +£78,078 (+125.7%)

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

Net Current Assets Liabilities

Current: £192,188

Previous: £275,009

Change: -£82,821 (-30.1%)

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

Fixed Assets

Current: £66,873

Previous: £68,945

Change: -£2,072 (-3%)

Comment: Fixed assets decreased 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: 10

Previous: 11

Change: -1 (-9.1%)

Comment: A slight contraction.