Rs Development Essex Ltd

Key Facts

Net Assets

Current: £91,260

Previous: £34,797

Change: +56,463 (+162.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £1,065,984

Previous: £678,322

Change: +£387,662 (+57.2%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £1,042,450

Previous: £669,347

Change: +£373,103 (+55.7%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £27,964

Previous: £13,405

Change: +£14,559 (+108.6%)

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

Fixed Assets

Current: £63,296

Previous: £21,392

Change: +£41,904 (+195.9%)

Comment: Fixed assets increased significantly.

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: 12

Previous: 6

Change: +6 (+100%)

Comment: Strong expansion.