Uk Tyre Centre Ilford Ltd

Key Facts

Net Assets

Current: £24,743

Previous: £20,925

Change: +3,818 (+18.2%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £16,307

Previous: £16,380

Change: -£73 (-0.4%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £3,616

Previous: £10,153

Change: -£6,537 (-64.4%)

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

Net Current Assets Liabilities

Current: £12,691

Previous: £6,227

Change: +£6,464 (+103.8%)

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

Fixed Assets

Current: £12,052

Previous: £14,698

Change: -£2,646 (-18%)

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: 1

Change: +1 (+100%)

Comment: Added a helper.