The Dry Cleaning Company Essex Ltd

Key Facts

Net Assets

Current: £17,085

Previous: £48,462

Change: -31,377 (-64.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £19,894

Previous: £83,444

Change: -£63,550 (-76.2%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £24,355

Previous: £29,067

Change: -£4,712 (-16.2%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £40,192

Previous: £21,996

Change: +£18,196 (+82.7%)

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

Fixed Assets

Current: £47,462

Previous: £55,533

Change: -£8,071 (-14.5%)

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: 4

Previous: 8

Change: -4 (-50%)

Comment: Trimmed the team by 4 people.