Mcs Engineering Colchester Ltd

Key Facts

Net Assets

Current: £40,548

Previous: £18,064

Change: +22,484 (+124.5%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £7,866

Previous: £31,327

Change: -£23,461 (-74.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £12,739

Previous: £20,071

Change: -£7,332 (-36.5%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £46,687

Previous: £18,024

Change: +£28,663 (+159%)

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

Fixed Assets

Current: £19,607

Previous: £20,725

Change: -£1,118 (-5.4%)

Comment: Fixed assets decreased slightly.

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.