Cormac K Glasgow Ltd

Key Facts

Net Assets

Current: £28,333

Previous: £8,447

Change: +19,886 (+235.4%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £41,858

Previous: £5,426

Change: +£36,432 (+671.4%)

Comment: Current assets increased significantly.

Cash

Current: £41,758

Previous: £5,426

Change: +£36,332 (+669.6%)

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

Creditors 1 Year

Current: £78,753

Previous: £18,158

Change: +£60,595 (+333.7%)

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

Net Current Assets Liabilities

Current: £36,895

Previous: £12,732

Change: +£24,163 (+189.8%)

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

Fixed Assets

Current: £22,000

Previous: £22,823

Change: -£823 (-3.6%)

Comment: Fixed assets decreased 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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.