The Somerset Farrier Ltd

Key Facts

Net Assets

Current: £105

Previous: £123

Change: -18 (-14.6%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £7,304

Previous: £9,603

Change: -£2,299 (-23.9%)

Comment: Current assets reduced noticeably.

Cash

Current: £6,426

Previous: £6,817

Change: -£391 (-5.7%)

Comment: Cash decreased slightly.

Creditors 1 Year

Current: £16,199

Previous: £9,480

Change: +£6,719 (+70.9%)

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

Net Current Assets Liabilities

Current: £8,895

Previous: £123

Change: +£8,772 (+7131.7%)

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

Fixed Assets

Current: £9,000

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: 1

Change: +0 (+0%)

Comment: No change in team size.