S & G Fabrications Lowestoft Limited

Key Facts

Net Assets

Current: £84,757

Previous: £37,893

Change: +46,864 (+123.7%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £309,603

Previous: £2,025,306

Change: -£1,715,703 (-84.7%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £15,612

Previous: £3,002

Change: +£12,610 (+420.1%)

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

Creditors 1 Year

Current: £20,060

Previous: £44,367

Change: -£24,307 (-54.8%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £352

Previous: £100,014

Change: -£99,662 (-99.6%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

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: 13

Previous: 15

Change: -2 (-13.3%)

Comment: A noticeable staff reduction.