Horizon Cremation Cannock Limited

Key Facts

Net Assets

Current: £182,333

Previous: £344,649

Change: -162,316 (-47.1%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £925,662

Previous: £715,385

Change: +£210,277 (+29.4%)

Comment: Current assets grew moderately.

Cash

Current: £90,720

Previous: £125,179

Change: -£34,459 (-27.5%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £4,999,901

Previous: £283,453

Change: +£4,716,448 (+1663.9%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £799,488

Previous: £3,924,109

Change: -£3,124,621 (-79.6%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 6

Previous: 5

Change: +1 (+20%)

Comment: Added a helper.