Spinners Solihull Limited

Key Facts

Net Assets

Current: £117,944

Previous: £230,478

Change: -112,534 (-48.8%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £187,068

Previous: £110,552

Change: +£76,516 (+69.2%)

Comment: Current assets increased significantly.

Cash

Current: £64,060

Previous: £22,334

Change: +£41,726 (+186.8%)

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

Creditors 1 Year

Current: £196,378

Previous: £273,321

Change: -£76,943 (-28.2%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £211,388

Previous: £274,392

Change: -£63,004 (-23%)

Comment: Net current assets weakened noticeably.

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: 15

Previous: 13

Change: +2 (+15.4%)

Comment: Solid growth.