Mjs Steel & Glass Ltd

Key Facts

Net Assets

Current: £15,790

Previous: £19,679

Change: -3,889 (-19.8%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £9,355

Previous: £23,949

Change: -£14,594 (-60.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £1,113

Previous: £7,835

Change: -£6,722 (-85.8%)

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

Creditors 1 Year

Current: £2,445

Previous: £8,270

Change: -£5,825 (-70.4%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £6,910

Previous: £15,679

Change: -£8,769 (-55.9%)

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

Fixed Assets

Current: £8,880

Previous: £4,000

Change: +£4,880 (+122%)

Comment: Fixed assets increased significantly.

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.