The Somerset Farmhouse Ltd

Key Facts

Net Assets

Current: £342,080

Previous: £289,617

Change: +52,463 (+18.1%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £151,925

Previous: £149,534

Change: +£2,391 (+1.6%)

Comment: Current assets increased slightly.

Cash

Current: £84,618

Previous: £95,187

Change: -£10,569 (-11.1%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £83,055

Previous: £92,906

Change: -£9,851 (-10.6%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £79,782

Previous: £55,797

Change: +£23,985 (+43%)

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: 9

Previous: 9

Change: +0 (+0%)

Comment: No change in team size.