Global Sourcing Manchester Ltd

Key Facts

Net Assets

Current: £217,131

Previous: £203,264

Change: +13,867 (+6.8%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £1,757,629

Previous: £1,664,120

Change: +£93,509 (+5.6%)

Comment: Current assets increased slightly.

Cash

Current: £1,082

Previous: £34,516

Change: -£33,434 (-96.9%)

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

Creditors 1 Year

Current: £739,767

Previous: £623,944

Change: +£115,823 (+18.6%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £413,129

Previous: £279,944

Change: +£133,185 (+47.6%)

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

Fixed Assets

Current: £551,344

Previous: £554,839

Change: -£3,495 (-0.6%)

Comment: Fixed assets decreased 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: 12

Previous: 12

Change: +0 (+0%)

Comment: No meaningful change.