Lakeside Bathrooms Limited

Key Facts

Net Assets

Current: £15,516

Previous: £44,315

Change: -28,799 (-65%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £210,198

Previous: £178,164

Change: +£32,034 (+18%)

Comment: Current assets grew moderately.

Cash

Current: £63,380

Previous: £35,275

Change: +£28,105 (+79.7%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £218,121

Previous: £221,310

Change: -£3,189 (-1.4%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £7,923

Previous: £43,146

Change: -£35,223 (-81.6%)

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

Fixed Assets

Current: £7,920

Previous: £21,389

Change: -£13,469 (-63%)

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: 5

Previous: 6

Change: -1 (-16.7%)

Comment: Lost a team member.