It & Electrical Engineering Limited

Key Facts

Net Assets

Current: £8,129

Previous: £1,892

Change: +6,237 (+329.7%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £1,064

Previous: £7,428

Change: -£6,364 (-85.7%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £10,693

Previous: £11,570

Change: -£877 (-7.6%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £9,629

Previous: £4,142

Change: +£5,487 (+132.5%)

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

Fixed Assets

Current: £1,500

Previous: £2,250

Change: -£750 (-33.3%)

Comment: Fixed assets fell significantly.

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: Not reported

Previous: Not reported

Comment: Not reported