Northtech Electrical Manchester Ltd

Key Facts

Net Assets

Current: £228,554

Previous: £51,610

Change: +176,944 (+342.8%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £287,652

Previous: £79,852

Change: +£207,800 (+260.2%)

Comment: Current assets increased significantly.

Cash

Current: £173,955

Previous: £23,336

Change: +£150,619 (+645.4%)

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

Creditors 1 Year

Current: £91,702

Previous: £49,688

Change: +£42,014 (+84.6%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £195,950

Previous: £30,164

Change: +£165,786 (+549.6%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £32,604

Previous: £21,446

Change: +£11,158 (+52%)

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.