M J Baines Veterinary Limited

Key Facts

Net Assets

Current: £4,910

Previous: £50,937

Change: -46,027 (-90.4%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £81,785

Previous: £7,595

Change: +£74,190 (+976.8%)

Comment: Current assets increased significantly.

Cash

Current: £68,364

Previous: £5,295

Change: +£63,069 (+1191.1%)

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

Creditors 1 Year

Current: £116,014

Previous: £58,532

Change: +£57,482 (+98.2%)

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

Net Current Assets Liabilities

Current: £34,229

Previous: £50,937

Change: -£16,708 (-32.8%)

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

Fixed Assets

Current: £29,319

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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.