Glass Cone Developments Ltd

Key Facts

Net Assets

Current: £19,155

Previous: £22,953

Change: -3,798 (-16.5%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £68,828

Previous: £104,632

Change: -£35,804 (-34.2%)

Comment: Current assets fell significantly.

Cash

Current: £56,174

Previous: £18,925

Change: +£37,249 (+196.8%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £64,609

Previous: £91,076

Change: -£26,467 (-29.1%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £4,219

Previous: £13,556

Change: -£9,337 (-68.9%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £33,811

Previous: £42,343

Change: -£8,532 (-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: 3

Previous: 2

Change: +1 (+50%)

Comment: Added a helper.