Glass First Ltd

Key Facts

Net Assets

Current: £508

Previous: £3,583

Change: -3,075 (-85.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £2,850

Previous: £2,371

Change: +£479 (+20.2%)

Comment: Current assets grew moderately.

Cash

Current: £1,280

Previous: £1,471

Change: -£191 (-13%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £3,763

Previous: £5,159

Change: -£1,396 (-27.1%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £913

Previous: £2,788

Change: -£1,875 (-67.3%)

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

Fixed Assets

Current: £10,365

Previous: £13,820

Change: -£3,455 (-25%)

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.