Kwiktip Limited
Company Number: 14427577
Period End: 31st October 2025
Key Facts
Net Assets
Current: £80,844
Previous: £47,085
Change: +33,759 (+71.7%)
Comment: Significant rise in net assets and liabilities.
Current Assets
Current: £108,563
Previous: £53,511
Change: +£55,052 (+102.9%)
Comment: Current assets increased significantly.
Cash
Current: Not reported
Previous: Not reported
Comment: Not reported
Creditors 1 Year
Current: £120,413
Previous: £51,246
Change: +£69,167 (+135%)
Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.
Net Current Assets Liabilities
Current: £11,850
Previous: £28,423
Change: -£16,573 (-58.3%)
Comment: Net current assets fell significantly, reducing short‑term solvency.
Fixed Assets
Current: £93,627
Previous: £70,608
Change: +£23,019 (+32.6%)
Comment: Fixed assets increased 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: 6
Previous: 4
Change: +2 (+50%)
Comment: Strengthening the team.
News Summary
Kwiktip Limited Shows Balance Sheet Gains but Liquidity Tightens
30th April 2026
Kwiktip Limited has reported a significant increase in net assets, rising from £47,085 to £80,844, indicating a positive trend in the company's financial position.
The company's current assets have increased substantially, from £53,511 to £108,563, while fixed assets have also seen a significant rise, from £70,608 to £93,627, suggesting investments in growth and expansion.
However, the company's liabilities have also risen sharply, with short-term creditors increasing from £51,246 to £120,413, leading to a decline in net current assets from £28,423 to £11,850, which may impact short-term solvency.
Operations have been strengthened with an increase in employees from 4 to 6, but turnover figures are not reported, making it difficult to assess the company's revenue performance.
Missing data on turnover for both periods limits a comprehensive analysis of the company's financial health and performance, highlighting the need for more detailed information to fully understand the business's trajectory.
The increase in net assets and liabilities suggests that Kwiktip Limited is investing in growth, but the rise in short-term creditors and decline in net current assets may pose liquidity challenges, emphasizing the importance of careful financial management to maintain stability and performance.
Website: https://kwiktip.co.uk/