T & M Young Taxis Ltd

Key Facts

Net Assets

Current: £18,024

Previous: £37,044

Change: -19,020 (-51.3%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £36,880

Previous: £25,353

Change: +£11,527 (+45.5%)

Comment: Current assets increased significantly.

Cash

Current: £9,126

Previous: £19,850

Change: -£10,724 (-54%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £18,856

Previous: £63,138

Change: -£44,282 (-70.1%)

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

Net Current Assets Liabilities

Current: £18,024

Previous: £37,785

Change: -£19,761 (-52.3%)

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

Fixed Assets

Current: £82,272

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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.