Merry Hill Private Hire Limited

Key Facts

Net Assets

Current: £85,533

Previous: £110,078

Change: -24,545 (-22.3%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £22,192

Previous: £127,937

Change: -£105,745 (-82.7%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £8,378

Previous: £77,699

Change: -£69,321 (-89.2%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £162,040

Previous: £216,170

Change: -£54,130 (-25%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £154,062

Previous: £99,650

Change: +£54,412 (+54.6%)

Comment: Net current assets increased significantly, improving short‑term solvency.

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: 6

Previous: 20

Change: -14 (-70%)

Comment: A significant downsizing.