Phase Electrical Engineering Ltd

Key Facts

Net Assets

Current: £78

Previous: £4

Change: +74 (+1850%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £12,487

Previous: £4

Change: +£12,483 (+312075%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £13,639

Previous: Not reported

Comment: Not reported

Net Current Assets Liabilities

Current: £1,152

Previous: £4

Change: +£1,148 (+28700%)

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

Fixed Assets

Current: £1,230

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.