Grays Electrical Engineering Limited

Key Facts

Net Assets

Current: £168,129

Previous: £217,931

Change: -49,802 (-22.9%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £268,172

Previous: £333,267

Change: -£65,095 (-19.5%)

Comment: Current assets reduced noticeably.

Cash

Current: £118,014

Previous: £210,580

Change: -£92,566 (-44%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £1,383

Previous: £10,842

Change: -£9,459 (-87.2%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £117,802

Previous: £170,228

Change: -£52,426 (-30.8%)

Comment: Net current assets fell significantly, reducing 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: 8

Previous: 8

Change: +0 (+0%)

Comment: No change in team size.