The Isle Of Wight Energy Company Limited

Key Facts

Net Assets

Current: £1,756,172

Previous: £2,125,325

Change: -369,153 (-17.4%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £2,093,038

Previous: £5,166,354

Change: -£3,073,316 (-59.5%)

Comment: Current assets fell significantly.

Cash

Current: £23,274

Previous: £40,374

Change: -£17,100 (-42.4%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £1,625,051

Previous: £3,804,688

Change: -£2,179,637 (-57.3%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £467,987

Previous: £1,361,666

Change: -£893,679 (-65.6%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £3,272,737

Previous: £3,178,368

Change: +£94,369 (+3%)

Comment: Fixed assets increased slightly.

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: 8

Previous: 4

Change: +4 (+100%)

Comment: Growing the team by 4 people.