World Of Fashion Manchester Limited

Key Facts

Net Assets

Current: £4,070,565

Previous: £4,350,424

Change: -279,859 (-6.4%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £4,342,219

Previous: £4,574,594

Change: -£232,375 (-5.1%)

Comment: Current assets decreased slightly.

Cash

Current: £99,028

Previous: £588,126

Change: -£489,098 (-83.2%)

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

Creditors 1 Year

Current: £297,446

Previous: £289,316

Change: +£8,130 (+2.8%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £4,044,773

Previous: £4,285,278

Change: -£240,505 (-5.6%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £33,926

Previous: £74,154

Change: -£40,228 (-54.2%)

Comment: Fixed assets fell 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: 9

Previous: 11

Change: -2 (-18.2%)

Comment: A noticeable staff reduction.