The Gearbox Centre Kent Ltd

Key Facts

Net Assets

Current: £221

Previous: £1,380

Change: -1,159 (-84%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £227,935

Previous: £231,291

Change: -£3,356 (-1.5%)

Comment: Current assets decreased slightly.

Cash

Current: £7,827

Previous: £5,162

Change: +£2,665 (+51.6%)

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

Creditors 1 Year

Current: £413,247

Previous: £406,612

Change: +£6,635 (+1.6%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £185,312

Previous: £175,321

Change: +£9,991 (+5.7%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £201,269

Previous: £204,130

Change: -£2,861 (-1.4%)

Comment: Fixed assets decreased slightly.

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: 17

Previous: 18

Change: -1 (-5.6%)

Comment: A slight contraction.