German Spares Nottingham Limited

Key Facts

Net Assets

Current: £1,164

Previous: £1,735

Change: -571 (-32.9%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £14,914

Previous: £11,397

Change: +£3,517 (+30.9%)

Comment: Current assets increased significantly.

Cash

Current: £4,987

Previous: £3,899

Change: +£1,088 (+27.9%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £12,988

Previous: £10,571

Change: +£2,417 (+22.9%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £11,629

Previous: £9,229

Change: +£2,400 (+26%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £2,523

Previous: £3,077

Change: -£554 (-18%)

Comment: Fixed assets reduced noticeably.

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.