Safelec Electrical Liverpool Ltd

Key Facts

Net Assets

Current: £39,495

Previous: £27,074

Change: +12,421 (+45.9%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £44,644

Previous: £45,287

Change: -£643 (-1.4%)

Comment: Current assets decreased slightly.

Cash

Current: £16,198

Previous: £25,789

Change: -£9,591 (-37.2%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £14,539

Previous: £27,603

Change: -£13,064 (-47.3%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £30,105

Previous: £17,684

Change: +£12,421 (+70.2%)

Comment: Net current assets rose sharply, indicating a strong improvement 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: 3

Previous: 2

Change: +1 (+50%)

Comment: Added a helper.