Garage Doors Telford Ltd

Key Facts

Net Assets

Current: £19,631

Previous: £22,062

Change: -2,431 (-11%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £10,350

Previous: £17,791

Change: -£7,441 (-41.8%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £8,630

Previous: £10,591

Change: -£1,961 (-18.5%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £22,491

Previous: £12,693

Change: +£9,798 (+77.2%)

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

Fixed Assets

Current: £11,490

Previous: £1,222

Change: +£10,268 (+840.3%)

Comment: Fixed assets increased 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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.