Connect Electrical Staffs Limited

Key Facts

Net Assets

Current: £45,885

Previous: £86,841

Change: -40,956 (-47.2%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £218,076

Previous: £274,104

Change: -£56,028 (-20.4%)

Comment: Current assets reduced noticeably.

Cash

Current: £151,518

Previous: £17,805

Change: +£133,713 (+751%)

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

Creditors 1 Year

Current: £42,447

Previous: £77,623

Change: -£35,176 (-45.3%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £15,323

Previous: £68,409

Change: -£53,086 (-77.6%)

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

Fixed Assets

Current: £89,553

Previous: £117,719

Change: -£28,166 (-23.9%)

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: 13

Previous: 13

Change: +0 (+0%)

Comment: No meaningful change.