Elec Tec London Limited

Key Facts

Net Assets

Current: £18,077

Previous: £27,265

Change: -9,188 (-33.7%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £27,145

Previous: £37,988

Change: -£10,843 (-28.5%)

Comment: Current assets reduced noticeably.

Cash

Current: £1,395

Previous: £18,253

Change: -£16,858 (-92.4%)

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

Creditors 1 Year

Current: £8,326

Previous: £10,199

Change: -£1,873 (-18.4%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £18,819

Previous: £27,789

Change: -£8,970 (-32.3%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.