Merretts Taxis Ltd

Company Number: 05991014

Period End: 31st May 2025

Key Facts

Net Assets

Current: £939

Previous: £799

Change: +140 (+17.5%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £5,297

Previous: £8,697

Change: -£3,400 (-39.1%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £557

Previous: £2,614

Change: -£2,057 (-78.7%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £2,509

Previous: £4,891

Change: -£2,382 (-48.7%)

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

Fixed Assets

Current: £2,847

Previous: £3,796

Change: -£949 (-25%)

Comment: Fixed assets reduced noticeably.

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: 1.00

Change: +0 (+0%)

Comment: No change in team size.