Damac London Ltd

Key Facts

Net Assets

Current: £21,506

Previous: £23,614

Change: -2,108 (-8.9%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Cash

Current: £40,179

Previous: £124,970

Change: -£84,791 (-67.8%)

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

Creditors 1 Year

Current: £8,546

Previous: £85,975

Change: -£77,429 (-90.1%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £31,633

Previous: £38,995

Change: -£7,362 (-18.9%)

Comment: Net current assets weakened noticeably.

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.