Cycle Solutions The Falmouth Bike Shop Ltd

Key Facts

Net Assets

Current: £5,991

Previous: £6,319

Change: -328 (-5.2%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £17,106

Previous: £17,302

Change: -£196 (-1.1%)

Comment: Current assets decreased slightly.

Cash

Current: £1,459

Previous: £521

Change: +£938 (+180%)

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

Creditors 1 Year

Current: £3,916

Previous: £4,479

Change: -£563 (-12.6%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £13,190

Previous: £12,823

Change: +£367 (+2.9%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £472

Previous: £583

Change: -£111 (-19%)

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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.