Ifs Lofts Limited

Key Facts

Net Assets

Current: £15,378

Previous: £22,616

Change: -7,238 (-32%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £41,108

Previous: £28,630

Change: +£12,478 (+43.6%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £27,034

Previous: £15,096

Change: +£11,938 (+79.1%)

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

Net Current Assets Liabilities

Current: £16,425

Previous: £25,385

Change: -£8,960 (-35.3%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £58,837

Previous: £63,654

Change: -£4,817 (-7.6%)

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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.