Mjs Developments Lincs Limited

Key Facts

Net Assets

Current: £2,069,207

Previous: £1,893,193

Change: +176,014 (+9.3%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £524,963

Previous: £443,635

Change: +£81,328 (+18.3%)

Comment: Current assets grew moderately.

Cash

Current: £178,399

Previous: £110,635

Change: +£67,764 (+61.3%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £1,048,500

Previous: £1,215,760

Change: -£167,260 (-13.8%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £366,311

Previous: £341,361

Change: +£24,950 (+7.3%)

Comment: Net current assets improved slightly.

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: 4

Previous: 5

Change: -1 (-20%)

Comment: Lost a team member.