Spinners Reading Limited

Key Facts

Net Assets

Current: £1,044,123

Previous: £1,034,885

Change: +9,238 (+0.9%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £1,129,219

Previous: £1,221,305

Change: -£92,086 (-7.5%)

Comment: Current assets decreased slightly.

Cash

Current: £85,194

Previous: £58,990

Change: +£26,204 (+44.4%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £245,493

Previous: £250,612

Change: -£5,119 (-2%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £883,726

Previous: £970,693

Change: -£86,967 (-9%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £168,534

Previous: £126,054

Change: +£42,480 (+33.7%)

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: 18

Previous: 23

Change: -5 (-21.7%)

Comment: A noticeable staff reduction.