Quality Engineering Wirral Limited

Key Facts

Net Assets

Current: £69,987

Previous: £76,488

Change: -6,501 (-8.5%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £79,779

Previous: £79,188

Change: +£591 (+0.7%)

Comment: Current assets increased slightly.

Cash

Current: £43,690

Previous: £50,499

Change: -£6,809 (-13.5%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £21,994

Previous: £15,668

Change: +£6,326 (+40.4%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £57,785

Previous: £63,520

Change: -£5,735 (-9%)

Comment: Net current assets decreased slightly.

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: 2

Change: -1 (-50%)

Comment: Lost a team member.