Gormley Kitchens Ltd

Key Facts

Net Assets

Current: £695,097

Previous: £679,757

Change: +15,340 (+2.3%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £468,179

Previous: £702,999

Change: -£234,820 (-33.4%)

Comment: Current assets fell significantly.

Cash

Current: £318,202

Previous: £516,387

Change: -£198,185 (-38.4%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £88,654

Previous: £173,309

Change: -£84,655 (-48.8%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £556,833

Previous: £529,690

Change: +£27,143 (+5.1%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £148,394

Previous: £160,197

Change: -£11,803 (-7.4%)

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: 10

Previous: 11

Change: -1 (-9.1%)

Comment: A slight contraction.