Parks Electrical Engineering Ltd

Key Facts

Net Assets

Current: £24,842

Previous: £11,658

Change: +13,184 (+113.1%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £69,701

Previous: £46,066

Change: +£23,635 (+51.3%)

Comment: Current assets increased significantly.

Cash

Current: £1,343

Previous: £3,015

Change: -£1,672 (-55.5%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £64,601

Previous: £79,956

Change: -£15,355 (-19.2%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £5,100

Previous: £33,890

Change: -£28,790 (-85%)

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

Fixed Assets

Current: £19,742

Previous: £22,232

Change: -£2,490 (-11.2%)

Comment: Fixed assets reduced noticeably.

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: 4

Change: +0 (+0%)

Comment: No change in team size.