Michaels Haulage Limited

Key Facts

Net Assets

Current: £48,142

Previous: £53,054

Change: -4,912 (-9.3%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £179,924

Previous: £132,775

Change: +£47,149 (+35.5%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £47,050

Previous: £80,438

Change: -£33,388 (-41.5%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £58,052

Previous: £48,404

Change: +£9,648 (+19.9%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £59,640

Previous: £85,088

Change: -£25,448 (-29.9%)

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: 4

Previous: Not reported

Comment: Not reported