Mjo Electrical Essex Limited

Key Facts

Net Assets

Current: £8,377

Previous: £24,807

Change: -16,430 (-66.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £77,767

Previous: £93,243

Change: -£15,476 (-16.6%)

Comment: Current assets reduced noticeably.

Cash

Current: £64,334

Previous: £79,370

Change: -£15,036 (-18.9%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £77,210

Previous: £81,027

Change: -£3,817 (-4.7%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £557

Previous: £12,216

Change: -£11,659 (-95.4%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.