Farooq Jewellers Kent Ltd

Key Facts

Net Assets

Current: £99,572

Previous: £65,485

Change: +34,087 (+52.1%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £848,196

Previous: £759,602

Change: +£88,594 (+11.7%)

Comment: Current assets grew moderately.

Cash

Current: £73,416

Previous: £21,542

Change: +£51,874 (+240.8%)

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

Creditors 1 Year

Current: £739,788

Previous: £676,333

Change: +£63,455 (+9.4%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £108,408

Previous: £83,269

Change: +£25,139 (+30.2%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £1,073

Previous: £2,091

Change: -£1,018 (-48.7%)

Comment: Fixed assets fell significantly.

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.