R & B Switchgear Sunderland Ltd

Key Facts

Net Assets

Current: £83,604

Previous: £43,176

Change: +40,428 (+93.6%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £328,679

Previous: £144,629

Change: +£184,050 (+127.3%)

Comment: Current assets increased significantly.

Cash

Current: £57,217

Previous: £22,845

Change: +£34,372 (+150.5%)

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

Creditors 1 Year

Current: £251,588

Previous: £195,468

Change: +£56,120 (+28.7%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £77,091

Previous: £50,839

Change: +£26,252 (+51.6%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £6,513

Previous: £7,663

Change: -£1,150 (-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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.