Old Welwyn Mot Centre Ltd

Key Facts

Net Assets

Current: £147,738

Previous: £174,789

Change: -27,051 (-15.5%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £6,671

Previous: £2,206

Change: +£4,465 (+202.4%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £26,603

Previous: £119,692

Change: -£93,089 (-77.8%)

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

Net Current Assets Liabilities

Current: £211,199

Previous: £137,865

Change: +£73,334 (+53.2%)

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

Fixed Assets

Current: £90,064

Previous: £82,768

Change: +£7,296 (+8.8%)

Comment: Fixed assets increased slightly.

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: 5

Change: +1 (+20%)

Comment: Added a helper.