West Lancashire Settle Cars Limited

Key Facts

Net Assets

Current: £1,700

Previous: £24,313

Change: -22,613 (-93%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £9,670

Previous: £46,657

Change: -£36,987 (-79.3%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £9,670

Previous: £8,948

Change: +£722 (+8.1%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £221,703

Previous: £5,870

Change: +£215,833 (+3676.9%)

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

Net Current Assets Liabilities

Current: £183,235

Previous: £5,836

Change: +£177,399 (+3039.7%)

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

Fixed Assets

Current: £406,638

Previous: £24,347

Change: +£382,291 (+1570.2%)

Comment: Fixed assets increased significantly.

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: Not reported

Previous: Not reported

Comment: Not reported