Donoghue Cycles Limited

Key Facts

Net Assets

Current: £7,122

Previous: £90,255

Change: -83,133 (-92.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £2,661

Previous: £113,744

Change: -£111,083 (-97.7%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £4,461

Previous: £16,051

Change: -£11,590 (-72.2%)

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

Net Current Assets Liabilities

Current: £7,122

Previous: £104,675

Change: -£97,553 (-93.2%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £1,757

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.