Mb Electrical Lincs Limited

Key Facts

Net Assets

Current: £57,000

Previous: £15,671

Change: +41,329 (+263.7%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £62,233

Previous: £39,585

Change: +£22,648 (+57.2%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £20,578

Previous: £7,108

Change: +£13,470 (+189.5%)

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

Net Current Assets Liabilities

Current: £41,655

Previous: £19,806

Change: +£21,849 (+110.3%)

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

Fixed Assets

Current: £16,845

Previous: £4,473

Change: +£12,372 (+276.6%)

Comment: Fixed assets increased 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: 1

Previous: 2

Change: -1 (-50%)

Comment: Lost a team member.