Smart Clothing Bolton Ltd

Key Facts

Net Assets

Current: £31,800

Previous: £88,334

Change: -56,534 (-64%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £383,296

Previous: £299,743

Change: +£83,553 (+27.9%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £416,364

Previous: £243,396

Change: +£172,968 (+71.1%)

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

Net Current Assets Liabilities

Current: £33,068

Previous: £56,347

Change: -£23,279 (-41.3%)

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

Fixed Assets

Current: £64,868

Previous: £31,987

Change: +£32,881 (+102.8%)

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: 20

Previous: 19

Change: +1 (+5.3%)

Comment: Slight growth.