Lewis Smith Coachwork Ltd
Company Number: 15203521
Period End: 31st October 2025
Key Facts
Net Assets
Current: £249
Previous: £3,831
Change: -3,582 (-93.5%)
Comment: Severe reduction in net assets and liabilities.
Current Assets
Current: £6,432
Previous: £8,605
Change: -£2,173 (-25.3%)
Comment: Current assets reduced noticeably.
Cash
Current: £5,976
Previous: £8,155
Change: -£2,179 (-26.7%)
Comment: Cash reserves weakened noticeably.
Creditors 1 Year
Current: £22,275
Previous: £22,500
Change: -£225 (-1%)
Comment: Short‑term creditors decreased slightly.
Net Current Assets Liabilities
Current: £15,843
Previous: £13,895
Change: +£1,948 (+14%)
Comment: Net current assets strengthened moderately.
Fixed Assets
Current: Not reported
Previous: Not reported
Comment: Not reported
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.
News Summary
Lewis Smith Coachwork Ltd Faces Significant Financial Decline
4th May 2026
Lewis Smith Coachwork Ltd has reported a substantial decline in its financial health, marked by a severe reduction in net assets and liabilities, down 93.5% to £249 from £3,831 in the previous year.
The company's current assets have decreased by 25.3% to £6,432, with cash reserves weakening by 26.7% to £5,976, indicating a noticeable reduction in liquidity.
Lewis Smith Coachwork Ltd's liabilities have shown a slight decrease in short-term creditors, down 1% to £22,275, while net current assets liabilities have strengthened moderately by 14% to £15,843.
Operational performance is unclear due to the absence of turnover data, a common omission in micro-entity filings, making it challenging to assess the company's revenue generation capabilities.
Significant data gaps exist, including fixed assets and turnover figures, which are not reported for either period, limiting the ability to conduct a comprehensive analysis of the company's financial position and performance.
The substantial decline in net assets and the weakening of cash reserves may imply potential liquidity and stability concerns for Lewis Smith Coachwork Ltd, suggesting that the company may need to explore strategies to improve its financial health and address the underlying causes of these declines.