Rn Restaurant Ilford Limited

Key Facts

Net Assets

Current: £523,817

Previous: £160,788

Change: +363,029 (+225.8%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £952,518

Previous: £615,016

Change: +£337,502 (+54.9%)

Comment: Current assets increased significantly.

Cash

Current: £13,292

Previous: £12,451

Change: +£841 (+6.8%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £234,776

Previous: £714,674

Change: -£479,898 (-67.1%)

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

Net Current Assets Liabilities

Current: £633,971

Previous: £371,812

Change: +£262,159 (+70.5%)

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

Fixed Assets

Current: £1,811,956

Previous: £1,617,535

Change: +£194,421 (+12%)

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: 71

Previous: 93

Change: -22 (-23.7%)

Comment: A noticeable staff reduction.