Rainbows Ceramics York Limited

Key Facts

Net Assets

Current: £14,513

Previous: £1,007

Change: +13,506 (+1341.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £52,302

Previous: £46,901

Change: +£5,401 (+11.5%)

Comment: Current assets grew moderately.

Cash

Current: £44,511

Previous: £27,294

Change: +£17,217 (+63.1%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £39,477

Previous: £47,303

Change: -£7,826 (-16.5%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £12,825

Previous: £402

Change: +£12,423 (+3090.3%)

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

Fixed Assets

Current: £1,688

Previous: £1,409

Change: +£279 (+19.8%)

Comment: Fixed assets grew steadily.

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: 8

Previous: 16

Change: -8 (-50%)

Comment: A significant downsizing.