Mackenzie Electrical London Ltd

Key Facts

Net Assets

Current: £2,544

Previous: £11,523

Change: -8,979 (-77.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £557,010

Previous: £409,021

Change: +£147,989 (+36.2%)

Comment: Current assets increased significantly.

Cash

Current: £12,907

Previous: £26,881

Change: -£13,974 (-52%)

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

Creditors 1 Year

Current: £518,360

Previous: £388,871

Change: +£129,489 (+33.3%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £38,650

Previous: £20,150

Change: +£18,500 (+91.8%)

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

Fixed Assets

Current: £27,398

Previous: £35,486

Change: -£8,088 (-22.8%)

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: 5

Change: +2 (+40%)

Comment: Strengthening the team.