John Mansfield Electrical Ltd

Key Facts

Net Assets

Current: £1,938

Previous: £5,168

Change: -3,230 (-62.5%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £37,106

Previous: £60,872

Change: -£23,766 (-39%)

Comment: Current assets fell significantly.

Cash

Current: £2,109

Previous: £2,389

Change: -£280 (-11.7%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £24,523

Previous: £19,873

Change: +£4,650 (+23.4%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £12,583

Previous: £40,999

Change: -£28,416 (-69.3%)

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

Fixed Assets

Current: £4,500

Previous: £6,000

Change: -£1,500 (-25%)

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.