The Specs Factory Chelmsford Ltd

Key Facts

Net Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Current Assets

Current: £26,413

Previous: Not reported

Comment: Not reported

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £42,383

Previous: £59,799

Change: -£17,416 (-29.1%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £42,383

Previous: £30,309

Change: +£12,074 (+39.8%)

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

Fixed Assets

Current: £157

Previous: Not reported

Comment: Not reported

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: 2

Change: -1 (-50%)

Comment: Lost a team member.