Elec Tek Wigan Ltd

Key Facts

Net Assets

Current: £195,239

Previous: £54,463

Change: +140,776 (+258.5%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £332,979

Previous: £127,794

Change: +£205,185 (+160.6%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £232,097

Previous: £8,867

Change: +£223,230 (+2517.5%)

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

Net Current Assets Liabilities

Current: £106,063

Previous: £33,252

Change: +£72,811 (+219%)

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

Fixed Assets

Current: £89,176

Previous: £30,078

Change: +£59,098 (+196.5%)

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: 10

Previous: 7

Change: +3 (+42.9%)

Comment: Growing the team by 3 people.