Gel Fireplaces

Key Facts

Net Assets

Current: £1,283

Previous: £1,912

Change: -629 (-32.9%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £136,605

Previous: £125,399

Change: +£11,206 (+8.9%)

Comment: Current assets increased slightly.

Cash

Current: £63

Previous: £7,268

Change: -£7,205 (-99.1%)

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

Creditors 1 Year

Current: £89,944

Previous: £49,771

Change: +£40,173 (+80.7%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £35,784

Previous: £11,501

Change: +£24,283 (+211.1%)

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

Fixed Assets

Current: £55,443

Previous: £40,182

Change: +£15,261 (+38%)

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: 6

Previous: 5

Change: +1 (+20%)

Comment: Added a helper.