Tangle Tamers Electrical Engineers Ltd

Key Facts

Net Assets

Current: £100,964

Previous: £77,677

Change: +23,287 (+30%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £31,119

Previous: £37,768

Change: -£6,649 (-17.6%)

Comment: Current assets reduced noticeably.

Cash

Current: £3,939

Previous: £15,268

Change: -£11,329 (-74.2%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £141,738

Previous: £120,611

Change: +£21,127 (+17.5%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £110,619

Previous: £82,843

Change: +£27,776 (+33.5%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £12,533

Previous: £14,799

Change: -£2,266 (-15.3%)

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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.