Global Electrical Engineering Limited

Key Facts

Net Assets

Current: £4,657,707

Previous: £4,209,016

Change: +448,691 (+10.7%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £2,808,718

Previous: £2,202,005

Change: +£606,713 (+27.6%)

Comment: Current assets grew moderately.

Cash

Current: £2,485,483

Previous: £1,711,467

Change: +£774,016 (+45.2%)

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

Creditors 1 Year

Current: £459,285

Previous: £228,547

Change: +£230,738 (+101%)

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

Net Current Assets Liabilities

Current: £2,349,433

Previous: £1,973,458

Change: +£375,975 (+19.1%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £2,358,588

Previous: £2,276,827

Change: +£81,761 (+3.6%)

Comment: Fixed assets increased slightly.

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: 8

Previous: 10

Change: -2 (-20%)

Comment: Trimmed the team by 2 people.