Lss London Salvage Services Ltd

Key Facts

Net Assets

Current: £22,512

Previous: £131,808

Change: -109,296 (-82.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £146,429

Previous: £54,701

Change: +£91,728 (+167.7%)

Comment: Current assets increased significantly.

Cash

Current: £30,056

Previous: £27,672

Change: +£2,384 (+8.6%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £143,471

Previous: £155,444

Change: -£11,973 (-7.7%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £2,958

Previous: £100,743

Change: -£97,785 (-97.1%)

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: 3

Previous: 5

Change: -2 (-40%)

Comment: Trimmed the team by 2 people.