Mccollins Glass Limited

Key Facts

Net Assets

Current: £392,644

Previous: £270,979

Change: +121,665 (+44.9%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £128,311

Previous: £177,431

Change: -£49,120 (-27.7%)

Comment: Current assets reduced noticeably.

Cash

Current: £159

Previous: £31,802

Change: -£31,643 (-99.5%)

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

Creditors 1 Year

Current: £533,485

Previous: £448,341

Change: +£85,144 (+19%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £405,174

Previous: £270,910

Change: +£134,264 (+49.6%)

Comment: Net current assets increased significantly, improving short‑term solvency.

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: 6

Previous: 12

Change: -6 (-50%)

Comment: A significant downsizing.