Phoenix Optical Glass Limited

Key Facts

Net Assets

Current: £797,094

Previous: £708,622

Change: +88,472 (+12.5%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £99,207

Previous: £1,697

Change: +£97,510 (+5746%)

Comment: Current assets increased significantly.

Cash

Current: £52,673

Previous: £1,697

Change: +£50,976 (+3003.9%)

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

Creditors 1 Year

Current: £28,728

Previous: £22,310

Change: +£6,418 (+28.8%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £70,479

Previous: £20,613

Change: +£49,866 (+241.9%)

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

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.