Mid Cornwall Fabrications Ltd

Key Facts

Net Assets

Current: £27,470

Previous: £42,416

Change: -14,946 (-35.2%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £75,355

Previous: £115,374

Change: -£40,019 (-34.7%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £68,645

Previous: £98,909

Change: -£30,264 (-30.6%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £6,710

Previous: £16,465

Change: -£9,755 (-59.2%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £20,760

Previous: £25,951

Change: -£5,191 (-20%)

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: 4

Previous: 5

Change: -1 (-20%)

Comment: Lost a team member.