Canvey Cycles Ltd

Key Facts

Net Assets

Current: £23,793

Previous: £20,596

Change: +3,197 (+15.5%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £16,685

Previous: £24,187

Change: -£7,502 (-31%)

Comment: Current assets fell significantly.

Cash

Current: £1,685

Previous: £9,187

Change: -£7,502 (-81.7%)

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

Creditors 1 Year

Current: £41,225

Previous: £45,779

Change: -£4,554 (-9.9%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £24,540

Previous: £21,592

Change: +£2,948 (+13.7%)

Comment: Net current assets strengthened moderately.

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: Not reported

Previous: Not reported

Comment: Not reported