Glass Designs And Splashbacks Ltd

Key Facts

Net Assets

Current: £625

Previous: £16,179

Change: -15,554 (-96.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £19,121

Previous: £5,418

Change: +£13,703 (+252.9%)

Comment: Current assets increased significantly.

Cash

Current: £18,949

Previous: £492

Change: +£18,457 (+3751.4%)

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

Creditors 1 Year

Current: £26,250

Previous: £22,784

Change: +£3,466 (+15.2%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £14,357

Previous: £5,417

Change: +£8,940 (+165%)

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

Fixed Assets

Current: £12,518

Previous: £1,188

Change: +£11,330 (+953.7%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.