Torque Motors Shropshire Limited

Key Facts

Net Assets

Current: £144,346

Previous: £171,328

Change: -26,982 (-15.7%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £597,442

Previous: £596,447

Change: +£995 (+0.2%)

Comment: Current assets increased slightly.

Cash

Current: £130,842

Previous: £119,625

Change: +£11,217 (+9.4%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £44,688

Previous: £474,368

Change: -£429,680 (-90.6%)

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

Net Current Assets Liabilities

Current: £125,993

Previous: £539,445

Change: -£413,452 (-76.6%)

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

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.