Ipswich Glass Ltd

Key Facts

Net Assets

Current: £630,341

Previous: £458,487

Change: +171,854 (+37.5%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £874,409

Previous: £610,814

Change: +£263,595 (+43.2%)

Comment: Current assets increased significantly.

Cash

Current: £387,752

Previous: £172,814

Change: +£214,938 (+124.4%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £457,512

Previous: £374,103

Change: +£83,409 (+22.3%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £416,897

Previous: £236,711

Change: +£180,186 (+76.1%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

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: 21

Previous: 22

Change: -1 (-4.5%)

Comment: A slight contraction.