Kb Utilities Lincs Limited

Key Facts

Net Assets

Current: £307

Previous: £17,868

Change: -17,561 (-98.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £11,344

Previous: £9,870

Change: +£1,474 (+14.9%)

Comment: Current assets grew moderately.

Cash

Current: £1,319

Previous: £866

Change: +£453 (+52.3%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £11,907

Previous: £24,729

Change: -£12,822 (-51.9%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £563

Previous: £14,859

Change: -£14,296 (-96.2%)

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

Fixed Assets

Current: £870

Previous: £67

Change: +£803 (+1198.5%)

Comment: Fixed assets increased 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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.