Swann Fitness Ltd

Key Facts

Net Assets

Current: £8,172

Previous: £8,916

Change: -744 (-8.3%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £242

Previous: £1,234

Change: -£992 (-80.4%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £242

Previous: £300

Change: -£58 (-19.3%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £30,369

Previous: £31,985

Change: -£1,616 (-5.1%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £2,220

Previous: £6,148

Change: -£3,928 (-63.9%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £24,417

Previous: £29,217

Change: -£4,800 (-16.4%)

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: 1

Previous: 2

Change: -1 (-50%)

Comment: Lost a team member.