Williams Sheds Ltd

Key Facts

Net Assets

Current: £40,868

Previous: £289,410

Change: -248,542 (-85.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £44,551

Previous: £305,451

Change: -£260,900 (-85.4%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £44,038

Previous: £274,989

Change: -£230,951 (-84%)

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

Creditors 1 Year

Current: £3,683

Previous: £32,881

Change: -£29,198 (-88.8%)

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

Net Current Assets Liabilities

Current: £40,868

Previous: £272,570

Change: -£231,702 (-85%)

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: 2

Previous: 4

Change: -2 (-50%)

Comment: Trimmed the team by 2 people.