Microfile Systems London Limited

Key Facts

Net Assets

Current: £19,296

Previous: £5,782

Change: +13,514 (+233.7%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £19,102

Previous: £37,030

Change: -£17,928 (-48.4%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £10,351

Previous: £19,528

Change: -£9,177 (-47%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £38,550

Previous: £19,452

Change: +£19,098 (+98.2%)

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

Fixed Assets

Current: £29,605

Previous: £33,198

Change: -£3,593 (-10.8%)

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: 6

Previous: 6

Change: +0 (+0%)

Comment: No change in team size.