Prolec Engineering London Ltd

Key Facts

Net Assets

Current: £649

Previous: £1,376

Change: -727 (-52.8%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £168

Previous: £1,121

Change: -£953 (-85%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £168

Previous: £642

Change: -£474 (-73.8%)

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

Creditors 1 Year

Current: £3,544

Previous: £4,023

Change: -£479 (-11.9%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £3,376

Previous: £2,902

Change: +£474 (+16.3%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £3,636

Previous: £4,278

Change: -£642 (-15%)

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: 1

Previous: Not reported

Comment: Not reported