The Redditch Gold & Silver Company Ltd

Key Facts

Net Assets

Current: £46,070

Previous: £36,908

Change: +9,162 (+24.8%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £22,613

Previous: £5,350

Change: +£17,263 (+322.7%)

Comment: Current assets increased significantly.

Cash

Current: £10,160

Previous: £461

Change: +£9,699 (+2103.9%)

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

Creditors 1 Year

Current: £71,764

Previous: £42,833

Change: +£28,931 (+67.5%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £49,151

Previous: £37,483

Change: +£11,668 (+31.1%)

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

Fixed Assets

Current: £3,081

Previous: £575

Change: +£2,506 (+435.8%)

Comment: Fixed assets increased 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.