Lincs Classics Limited Formerly Lincolnshire Meat Company Limited

Key Facts

Net Assets

Current: £518,912

Previous: £359,904

Change: +159,008 (+44.2%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £550,500

Previous: £215,535

Change: +£334,965 (+155.4%)

Comment: Current assets increased significantly.

Cash

Current: £534,290

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £31,788

Previous: £165,407

Change: -£133,619 (-80.8%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £518,712

Previous: £50,128

Change: +£468,584 (+934.8%)

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

Fixed Assets

Current: £200

Previous: £337,959

Change: -£337,759 (-99.9%)

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: 8

Previous: 10

Change: -2 (-20%)

Comment: Trimmed the team by 2 people.