Mt Drains Kent Ltd

Key Facts

Net Assets

Current: £202,621

Previous: £248,535

Change: -45,914 (-18.5%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £146,660

Previous: £304,940

Change: -£158,280 (-51.9%)

Comment: Current assets fell significantly.

Cash

Current: £146,660

Previous: £303,200

Change: -£156,540 (-51.6%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £17,029

Previous: £146,419

Change: -£129,390 (-88.4%)

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

Net Current Assets Liabilities

Current: £129,631

Previous: £158,521

Change: -£28,890 (-18.2%)

Comment: Net current assets weakened noticeably.

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: 3

Previous: 4

Change: -1 (-25%)

Comment: Lost a team member.