Lincoln Kitchens & Bathrooms Ltd

Key Facts

Net Assets

Current: £11,320

Previous: £22,884

Change: -11,564 (-50.5%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £38,059

Previous: £51,141

Change: -£13,082 (-25.6%)

Comment: Current assets reduced noticeably.

Cash

Current: £4,828

Previous: £11,066

Change: -£6,238 (-56.4%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £46,483

Previous: £27,622

Change: +£18,861 (+68.3%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £8,424

Previous: £23,519

Change: -£15,095 (-64.2%)

Comment: Net current assets dropped sharply, indicating a major decline 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: 6

Previous: 6

Change: +0 (+0%)

Comment: No change in team size.