The Wellington Pub London Ltd

Key Facts

Net Assets

Current: £213,399

Previous: £274,264

Change: -60,865 (-22.2%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £658

Previous: £77,903

Change: -£77,245 (-99.2%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £658

Previous: £31,323

Change: -£30,665 (-97.9%)

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

Creditors 1 Year

Current: £31,940

Previous: £108,885

Change: -£76,945 (-70.7%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £31,282

Previous: £30,982

Change: +£300 (+1%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £244,681

Previous: £305,246

Change: -£60,565 (-19.8%)

Comment: Fixed assets reduced noticeably.

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: 15

Change: -13 (-86.7%)

Comment: A significant downsizing.