The Glass Fabric Company Ltd

Key Facts

Net Assets

Current: £21,463

Previous: £14,364

Change: +7,099 (+49.4%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £62,421

Previous: £52,944

Change: +£9,477 (+17.9%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £4,020

Previous: £5,103

Change: -£1,083 (-21.2%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £26,419

Previous: £18,694

Change: +£7,725 (+41.3%)

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

Fixed Assets

Current: £464

Previous: £928

Change: -£464 (-50%)

Comment: Fixed assets fell 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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.