Red Electrical Distributors Cwmbran Ltd

Key Facts

Net Assets

Current: £25,373

Previous: £44,107

Change: -18,734 (-42.5%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £157,071

Previous: £155,898

Change: +£1,173 (+0.8%)

Comment: Current assets increased slightly.

Cash

Current: £19,205

Previous: £7,890

Change: +£11,315 (+143.4%)

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

Creditors 1 Year

Current: £183,449

Previous: £201,187

Change: -£17,738 (-8.8%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £26,378

Previous: £45,289

Change: -£18,911 (-41.8%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £1,005

Previous: £1,182

Change: -£177 (-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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.