Mid Devon Glass Limited

Key Facts

Net Assets

Current: £4,860,462

Previous: £4,519,358

Change: +341,104 (+7.5%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £3,237,705

Previous: £2,522,926

Change: +£714,779 (+28.3%)

Comment: Current assets grew moderately.

Cash

Current: £1,125

Previous: £1,887,039

Change: -£1,885,914 (-99.9%)

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

Creditors 1 Year

Current: £750,179

Previous: £754,856

Change: -£4,677 (-0.6%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £2,487,526

Previous: £1,768,070

Change: +£719,456 (+40.7%)

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: 32

Previous: 33

Change: -1 (-3%)

Comment: A slight contraction.