Mhc Construction Lincoln Ltd

Key Facts

Net Assets

Current: £233,448

Previous: £101,703

Change: +131,745 (+129.5%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £258,264

Previous: £161,522

Change: +£96,742 (+59.9%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £4,488

Previous: £4,328

Change: +£160 (+3.7%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £269,854

Previous: £152,865

Change: +£116,989 (+76.5%)

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

Fixed Assets

Current: £42,555

Previous: £56,740

Change: -£14,185 (-25%)

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: 5

Previous: 6

Change: -1 (-16.7%)

Comment: Lost a team member.