Kates Great Cakes Nottingham Ltd

Key Facts

Net Assets

Current: £15,039

Previous: £5,466

Change: +9,573 (+175.1%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £9,744

Previous: £9,875

Change: -£131 (-1.3%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £17,765

Previous: £10,226

Change: +£7,539 (+73.7%)

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

Net Current Assets Liabilities

Current: £3,478

Previous: £6,075

Change: -£2,597 (-42.7%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £98

Previous: £485

Change: -£387 (-79.8%)

Comment: Fixed assets fell significantly.

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: 3

Previous: 4

Change: -1 (-25%)

Comment: Lost a team member.