Rite Choice Windows Spen Valley Ltd

Key Facts

Net Assets

Current: £24,180

Previous: £26,720

Change: -2,540 (-9.5%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £33,556

Previous: £41,246

Change: -£7,690 (-18.6%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £14,095

Previous: £8,174

Change: +£5,921 (+72.4%)

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

Net Current Assets Liabilities

Current: £19,461

Previous: £28,995

Change: -£9,534 (-32.9%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £4,719

Previous: £5,899

Change: -£1,180 (-20%)

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: 6

Previous: 5

Change: +1 (+20%)

Comment: Added a helper.