Ip In Phase Electrical Engineers Ltd

Key Facts

Net Assets

Current: £116,355

Previous: £93,786

Change: +22,569 (+24.1%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £328,647

Previous: £545,506

Change: -£216,859 (-39.8%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: Not reported

Previous: £208,276

Comment: Not reported

Net Current Assets Liabilities

Current: £65,429

Previous: £237,036

Change: -£171,607 (-72.4%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £50,926

Previous: £65,026

Change: -£14,100 (-21.7%)

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: 4

Previous: Not reported

Comment: Not reported