Grand Wedding Cakes Ltd

Key Facts

Net Assets

Current: £3,923

Previous: £2,622

Change: +1,301 (+49.6%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £7,294

Previous: £8,283

Change: -£989 (-11.9%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £10,044

Previous: £15,128

Change: -£5,084 (-33.6%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £2,188

Previous: £1,175

Change: +£1,013 (+86.2%)

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

Fixed Assets

Current: £9,065

Previous: £11,331

Change: -£2,266 (-20%)

Comment: Fixed assets reduced noticeably.

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.