Bob Lancaster & Son Limited

Key Facts

Net Assets

Current: £4,148

Previous: £37,042

Change: -32,894 (-88.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £133,785

Previous: £240,010

Change: -£106,225 (-44.3%)

Comment: Current assets fell significantly.

Cash

Current: £3,744

Previous: £50,879

Change: -£47,135 (-92.6%)

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

Creditors 1 Year

Current: £156,526

Previous: £9,493

Change: +£147,033 (+1548.9%)

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

Net Current Assets Liabilities

Current: £22,741

Previous: £11,857

Change: +£10,884 (+91.8%)

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

Fixed Assets

Current: £33,197

Previous: £42,813

Change: -£9,616 (-22.5%)

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: 14

Previous: 15

Change: -1 (-6.7%)

Comment: A slight contraction.