The Specs Factory Ipswich Limited

Key Facts

Net Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Current Assets

Current: £15,216

Previous: £23,262

Change: -£8,046 (-34.6%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £8,993

Previous: £18,167

Change: -£9,174 (-50.5%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £71,201

Previous: £20,174

Change: +£51,027 (+252.9%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £209

Previous: £918

Change: -£709 (-77.2%)

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: 4

Previous: 3

Change: +1 (+33.3%)

Comment: Added a helper.