Gem Of Norwich Ltd

Key Facts

Net Assets

Current: £62,942

Previous: £62,898

Change: +44 (+0.1%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £119,698

Previous: £111,082

Change: +£8,616 (+7.8%)

Comment: Current assets increased slightly.

Cash

Current: £107,654

Previous: £76,752

Change: +£30,902 (+40.3%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £26,702

Previous: £47,311

Change: -£20,609 (-43.6%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £2,735

Previous: £1,469

Change: +£1,266 (+86.2%)

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

Fixed Assets

Current: £86,909

Previous: £108,740

Change: -£21,831 (-20.1%)

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: 27

Previous: 18

Change: +9 (+50%)

Comment: Strong expansion.