Th Scrap Metal Collection Limited

Key Facts

Net Assets

Current: £11,071

Previous: £19,009

Change: -7,938 (-41.8%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £27,313

Previous: £40,708

Change: -£13,395 (-32.9%)

Comment: Current assets fell significantly.

Cash

Current: £4,253

Previous: £30,685

Change: -£26,432 (-86.1%)

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

Creditors 1 Year

Current: £80,836

Previous: £92,191

Change: -£11,355 (-12.3%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £53,523

Previous: £51,483

Change: +£2,040 (+4%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £85,779

Previous: £104,308

Change: -£18,529 (-17.8%)

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.