Lichfield Glass Limited

Key Facts

Net Assets

Current: £1,440

Previous: £7,589

Change: -6,149 (-81%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £22,778

Previous: £15,872

Change: +£6,906 (+43.5%)

Comment: Current assets increased significantly.

Cash

Current: £8,063

Previous: £5,795

Change: +£2,268 (+39.1%)

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

Creditors 1 Year

Current: £26,138

Previous: £26,138

Change: +£0 (+0%)

Comment: No change in short‑term creditors.

Net Current Assets Liabilities

Current: £3,360

Previous: £10,266

Change: -£6,906 (-67.3%)

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

Fixed Assets

Current: £1,920

Previous: £2,677

Change: -£757 (-28.3%)

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.