Margate Football Club Limited

Key Facts

Net Assets

Current: £2,413,503

Previous: £2,110,755

Change: +302,748 (+14.3%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £240,082

Previous: £300,854

Change: -£60,772 (-20.2%)

Comment: Current assets reduced noticeably.

Cash

Current: £29,422

Previous: £4,548

Change: +£24,874 (+546.9%)

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

Creditors 1 Year

Current: £3,662,391

Previous: £365,075

Change: +£3,297,316 (+903.2%)

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

Net Current Assets Liabilities

Current: £222,634

Previous: £2,902,330

Change: -£2,679,696 (-92.3%)

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

Fixed Assets

Current: £1,471,522

Previous: £1,156,650

Change: +£314,872 (+27.2%)

Comment: Fixed assets grew steadily.

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: 27

Previous: 32

Change: -5 (-15.6%)

Comment: A noticeable staff reduction.