Elite Recovery Falkirk Ltd

Key Facts

Net Assets

Current: £1,923

Previous: £14,056

Change: -12,133 (-86.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £54,544

Previous: £34,593

Change: +£19,951 (+57.7%)

Comment: Current assets increased significantly.

Cash

Current: £100

Previous: £7,771

Change: -£7,671 (-98.7%)

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

Creditors 1 Year

Current: £241,649

Previous: £207,008

Change: +£34,641 (+16.7%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £187,105

Previous: £172,415

Change: +£14,690 (+8.5%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £615,189

Previous: £507,620

Change: +£107,569 (+21.2%)

Comment: Fixed assets grew steadily.

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: 19

Previous: 20

Change: -1 (-5%)

Comment: A slight contraction.