Spanm & P Nixon Torquay Limitedspan

Key Facts

Net Assets

Current: £11,577

Previous: £8,148

Change: +3,429 (+42.1%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £62,925

Previous: £45,552

Change: +£17,373 (+38.1%)

Comment: Current assets increased significantly.

Cash

Current: £52,647

Previous: £34,200

Change: +£18,447 (+53.9%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £54,292

Previous: £40,867

Change: +£13,425 (+32.9%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £8,633

Previous: £4,685

Change: +£3,948 (+84.3%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 3

Previous: 4

Change: -1 (-25%)

Comment: Lost a team member.