The Phoenix Southport Ltd

Key Facts

Net Assets

Current: £17,192

Previous: £9,801

Change: +7,391 (+75.4%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £3,605

Previous: £4,313

Change: -£708 (-16.4%)

Comment: Current assets reduced noticeably.

Cash

Current: £3,277

Previous: £3,763

Change: -£486 (-12.9%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £3,573

Previous: £3,338

Change: +£235 (+7%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £32

Previous: £975

Change: -£943 (-96.7%)

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

Fixed Assets

Current: £32,660

Previous: £32,826

Change: -£166 (-0.5%)

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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.