Banks Of The Tyne Motor Company Ltd

Key Facts

Net Assets

Current: £52,251

Previous: £48,919

Change: +3,332 (+6.8%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £127,925

Previous: £88,473

Change: +£39,452 (+44.6%)

Comment: Current assets increased significantly.

Cash

Current: £2,925

Previous: £8,473

Change: -£5,548 (-65.5%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £75,674

Previous: £39,554

Change: +£36,120 (+91.3%)

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

Net Current Assets Liabilities

Current: £52,251

Previous: £48,919

Change: +£3,332 (+6.8%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 3

Change: +0 (+0%)

Comment: No change in team size.