Drone Tech Solutions Ltd

Key Facts

Net Assets

Current: £1,571

Previous: £3,950

Change: -2,379 (-60.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £1,477

Previous: £14,345

Change: -£12,868 (-89.7%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £672

Previous: £11,755

Change: -£11,083 (-94.3%)

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

Creditors 1 Year

Current: £122

Previous: £2,045

Change: -£1,923 (-94%)

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

Net Current Assets Liabilities

Current: £1,599

Previous: £12,300

Change: -£10,701 (-87%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 2

Change: -1 (-50%)

Comment: Lost a team member.