Sjreed And Son Electrical Engineers Ltd

Key Facts

Net Assets

Current: £4,154

Previous: £1,244

Change: +2,910 (+233.9%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £20,873

Previous: £14,924

Change: +£5,949 (+39.9%)

Comment: Current assets increased significantly.

Cash

Current: £11,178

Previous: £14,413

Change: -£3,235 (-22.4%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £20,182

Previous: £18,344

Change: +£1,838 (+10%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £691

Previous: £3,420

Change: -£2,729 (-79.8%)

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

Fixed Assets

Current: £4,617

Previous: £5,758

Change: -£1,141 (-19.8%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.