Jay Tee Phone Repairs Cheltenham Limited

Key Facts

Net Assets

Current: £4,153

Previous: £13,414

Change: -9,261 (-69%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £20,635

Previous: £12,908

Change: +£7,727 (+59.9%)

Comment: Current assets increased significantly.

Cash

Current: £5,065

Previous: £3,908

Change: +£1,157 (+29.6%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £22,304

Previous: £20,822

Change: +£1,482 (+7.1%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £16,076

Previous: £4,641

Change: +£11,435 (+246.4%)

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

Fixed Assets

Current: £2,075

Previous: £2,767

Change: -£692 (-25%)

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: 2

Change: -1 (-50%)

Comment: Lost a team member.