Reds Property Lettings Ltd

Key Facts

Net Assets

Current: £221,030

Previous: £165,479

Change: +55,551 (+33.6%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £13,665

Previous: £124,862

Change: -£111,197 (-89.1%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £12,363

Previous: £123,401

Change: -£111,038 (-90%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £173,125

Previous: £179,608

Change: -£6,483 (-3.6%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £159,460

Previous: £54,746

Change: +£104,714 (+191.3%)

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

Fixed Assets

Current: £550,847

Previous: £390,515

Change: +£160,332 (+41.1%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.