Geoff Hobbs Haulage Ltd

Key Facts

Net Assets

Current: £1,813,681

Previous: £2,041,032

Change: -227,351 (-11.1%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £766,079

Previous: £1,020,810

Change: -£254,731 (-25%)

Comment: Current assets reduced noticeably.

Cash

Current: £79,945

Previous: £342,445

Change: -£262,500 (-76.7%)

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

Creditors 1 Year

Current: £567,179

Previous: £848,389

Change: -£281,210 (-33.1%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £32,085

Previous: £319,485

Change: -£287,400 (-90%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £2,629,780

Previous: £2,850,941

Change: -£221,161 (-7.8%)

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: 22

Previous: 23

Change: -1 (-4.3%)

Comment: A slight contraction.