First Scrap Limited

Key Facts

Net Assets

Current: £16,744

Previous: £15,309

Change: +1,435 (+9.4%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £4,191

Previous: £11,285

Change: -£7,094 (-62.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £4,191

Previous: £11,285

Change: -£7,094 (-62.9%)

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

Creditors 1 Year

Current: £22,135

Previous: £28,094

Change: -£5,959 (-21.2%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £17,944

Previous: £16,809

Change: +£1,135 (+6.8%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £1,200

Previous: £1,500

Change: -£300 (-20%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.