Service Garage Mot & Repair Centre Limited

Key Facts

Net Assets

Current: £13,529

Previous: £19,490

Change: -5,961 (-30.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £44,576

Previous: £33,827

Change: +£10,749 (+31.8%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £80,142

Previous: £7,256

Change: +£72,886 (+1004.5%)

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

Net Current Assets Liabilities

Current: £33,806

Previous: £59,010

Change: -£25,204 (-42.7%)

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

Fixed Assets

Current: £48,085

Previous: £47,516

Change: +£569 (+1.2%)

Comment: Fixed assets increased slightly.

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: 9

Previous: 9

Change: +0 (+0%)

Comment: No change in team size.