Glass Squad Ltd

Key Facts

Net Assets

Current: £26,268

Previous: £17,366

Change: +8,902 (+51.3%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £431

Previous: £5,134

Change: -£4,703 (-91.6%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £431

Previous: £1,934

Change: -£1,503 (-77.7%)

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

Creditors 1 Year

Current: £26,699

Previous: £22,500

Change: +£4,199 (+18.7%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £26,268

Previous: £17,366

Change: +£8,902 (+51.3%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 5

Change: -2 (-40%)

Comment: Trimmed the team by 2 people.