Kitchen Fits & Wraps Ltd

Key Facts

Net Assets

Current: £35,477

Previous: £28,276

Change: +7,201 (+25.5%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £24,109

Previous: £11,404

Change: +£12,705 (+111.4%)

Comment: Current assets increased significantly.

Cash

Current: £3,026

Previous: £8,545

Change: -£5,519 (-64.6%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £6,384

Previous: £3,258

Change: +£3,126 (+95.9%)

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

Net Current Assets Liabilities

Current: £17,725

Previous: £8,146

Change: +£9,579 (+117.6%)

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

Fixed Assets

Current: £18,726

Previous: £21,368

Change: -£2,642 (-12.4%)

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.