The Joinery Workshop Kent Ltd

Key Facts

Net Assets

Current: £16,673

Previous: £3,892

Change: +12,781 (+328.4%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £45,966

Previous: £20,978

Change: +£24,988 (+119.1%)

Comment: Current assets increased significantly.

Cash

Current: £2,404

Previous: £19,100

Change: -£16,696 (-87.4%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £62,639

Previous: £31,415

Change: +£31,224 (+99.4%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £16,673

Previous: £10,437

Change: +£6,236 (+59.7%)

Comment: Net current assets increased significantly, improving short‑term solvency.

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: 1

Previous: 2

Change: -1 (-50%)

Comment: Lost a team member.