G T Tyres Cumbria Limited

Key Facts

Net Assets

Current: £286,473

Previous: £197,833

Change: +88,640 (+44.8%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £2,366,581

Previous: £1,695,334

Change: +£671,247 (+39.6%)

Comment: Current assets increased significantly.

Cash

Current: £386,152

Previous: £302,112

Change: +£84,040 (+27.8%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £387,546

Previous: £384,818

Change: +£2,728 (+0.7%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £242,275

Previous: £113,668

Change: +£128,607 (+113.1%)

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

Fixed Assets

Current: £531,202

Previous: £567,006

Change: -£35,804 (-6.3%)

Comment: Fixed assets decreased slightly.

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: 53

Previous: 45

Change: +8 (+17.8%)

Comment: Solid growth.