Glass Technology Services Ltd

Key Facts

Net Assets

Current: £549,060

Previous: £692,945

Change: -143,885 (-20.8%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £912,192

Previous: £765,354

Change: +£146,838 (+19.2%)

Comment: Current assets grew moderately.

Cash

Current: £122,512

Previous: £28,959

Change: +£93,553 (+323.1%)

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

Creditors 1 Year

Current: £573,256

Previous: £327,199

Change: +£246,057 (+75.2%)

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

Net Current Assets Liabilities

Current: £338,936

Previous: £438,155

Change: -£99,219 (-22.6%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £210,124

Previous: £267,545

Change: -£57,421 (-21.5%)

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: Not reported

Previous: Not reported

Comment: Not reported