First Cars Reading Limited

Key Facts

Net Assets

Current: £29,993

Previous: £22,996

Change: +6,997 (+30.4%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £108,411

Previous: £68,386

Change: +£40,025 (+58.5%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £84,418

Previous: £54,390

Change: +£30,028 (+55.2%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £23,993

Previous: £13,996

Change: +£9,997 (+71.4%)

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

Fixed Assets

Current: £6,000

Previous: £9,000

Change: -£3,000 (-33.3%)

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: 7

Previous: 8

Change: -1 (-12.5%)

Comment: Lost a team member.