121 Glass Merchants Ltd

Key Facts

Net Assets

Current: £4,458

Previous: £795

Change: +3,663 (+460.8%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £4,868

Previous: £10,338

Change: -£5,470 (-52.9%)

Comment: Current assets fell significantly.

Cash

Current: £3,173

Previous: £1,897

Change: +£1,276 (+67.3%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £9,327

Previous: £11,130

Change: -£1,803 (-16.2%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £4,459

Previous: £792

Change: +£3,667 (+463%)

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

Fixed Assets

Current: £1

Previous: £1

Change: +£0 (+0%)

Comment: No change in fixed assets.

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.