Bright Spark Electrical Lincoln Ltd

Key Facts

Net Assets

Current: £44,931

Previous: £65,257

Change: -20,326 (-31.1%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £9,748

Previous: £6,782

Change: +£2,966 (+43.7%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £10,345

Previous: £57,107

Change: -£46,762 (-81.9%)

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

Net Current Assets Liabilities

Current: £21,658

Previous: £63,889

Change: -£42,231 (-66.1%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £23,933

Previous: £1,968

Change: +£21,965 (+1116.1%)

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: 1

Previous: 1.00

Change: +0 (+0%)

Comment: No change in team size.