South Belfast Developments Limited

Key Facts

Net Assets

Current: £503,996

Previous: £517,070

Change: -13,074 (-2.5%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £1,394,906

Previous: £1,528,850

Change: -£133,944 (-8.8%)

Comment: Current assets decreased slightly.

Cash

Current: £131

Previous: £12

Change: +£119 (+991.7%)

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

Creditors 1 Year

Current: £890,910

Previous: £1,011,780

Change: -£120,870 (-11.9%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £503,996

Previous: £517,070

Change: -£13,074 (-2.5%)

Comment: Net current assets decreased slightly.

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: Not reported

Previous: Not reported

Comment: Not reported