M And I Domestic Appliances Lichfield Limited

Key Facts

Net Assets

Current: £2,411

Previous: £879

Change: +1,532 (+174.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £115,751

Previous: £266,698

Change: -£150,947 (-56.6%)

Comment: Current assets fell significantly.

Cash

Current: £30,942

Previous: £161,842

Change: -£130,900 (-80.9%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £138,306

Previous: £289,670

Change: -£151,364 (-52.3%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £22,555

Previous: £22,972

Change: -£417 (-1.8%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £20,144

Previous: £23,851

Change: -£3,707 (-15.5%)

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: 7

Previous: 7

Change: +0 (+0%)

Comment: No change in team size.