Rad Catering Cornwall Limited

Key Facts

Net Assets

Current: £2,423

Previous: £23,579

Change: -21,156 (-89.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £49,623

Previous: £45,218

Change: +£4,405 (+9.7%)

Comment: Current assets increased slightly.

Cash

Current: £47,455

Previous: £41,180

Change: +£6,275 (+15.2%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £78,397

Previous: £27,093

Change: +£51,304 (+189.4%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £28,774

Previous: £18,125

Change: +£10,649 (+58.8%)

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

Fixed Assets

Current: £36,075

Previous: £6,734

Change: +£29,341 (+435.7%)

Comment: Fixed assets increased significantly.

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: 3

Change: +1 (+33.3%)

Comment: Added a helper.