City Tyre Services Cardiff Limited

Key Facts

Net Assets

Current: £532,147

Previous: £391,120

Change: +141,027 (+36.1%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £258,112

Previous: £288,828

Change: -£30,716 (-10.6%)

Comment: Current assets reduced noticeably.

Cash

Current: £82,357

Previous: £153,698

Change: -£71,341 (-46.4%)

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

Creditors 1 Year

Current: £93,336

Previous: £123,115

Change: -£29,779 (-24.2%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £71,427

Previous: £165,713

Change: -£94,286 (-56.9%)

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

Fixed Assets

Current: £554,056

Previous: £225,407

Change: +£328,649 (+145.8%)

Comment: Fixed assets increased significantly.

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: 7

Change: -2 (-28.6%)

Comment: Trimmed the team by 2 people.