Electratek Lincoln Ltd

Key Facts

Net Assets

Current: £2,810

Previous: £3,506

Change: -696 (-19.9%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £24,591

Previous: £46,114

Change: -£21,523 (-46.7%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £3,641

Previous: £7,057

Change: -£3,416 (-48.4%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £9,754

Previous: £333

Change: +£9,421 (+2829.1%)

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

Fixed Assets

Current: £10,585

Previous: £3,884

Change: +£6,701 (+172.5%)

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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.