Express Cars Private Hire Ltd

Key Facts

Net Assets

Current: £76,262

Previous: £30,785

Change: +45,477 (+147.7%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £10,399

Previous: £14,531

Change: -£4,132 (-28.4%)

Comment: Current assets reduced noticeably.

Cash

Current: £722

Previous: £3,001

Change: -£2,279 (-75.9%)

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

Creditors 1 Year

Current: £89,581

Previous: £48,876

Change: +£40,705 (+83.3%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £79,182

Previous: £34,345

Change: +£44,837 (+130.5%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

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: 7

Previous: 9

Change: -2 (-22.2%)

Comment: Trimmed the team by 2 people.