Norwich Stoves Ltd

Key Facts

Net Assets

Current: £17,606

Previous: £14,746

Change: +2,860 (+19.4%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £23,140

Previous: £31,650

Change: -£8,510 (-26.9%)

Comment: Current assets reduced noticeably.

Cash

Current: £16,932

Previous: £24,616

Change: -£7,684 (-31.2%)

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

Creditors 1 Year

Current: £22,519

Previous: £28,423

Change: -£5,904 (-20.8%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £4,906

Previous: £518

Change: +£4,388 (+847.1%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £13,149

Previous: £17,525

Change: -£4,376 (-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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.