Glass Lid Limited

Key Facts

Net Assets

Current: £143

Previous: £2,447

Change: -2,304 (-94.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £117,848

Previous: £113,790

Change: +£4,058 (+3.6%)

Comment: Current assets increased slightly.

Cash

Current: £300

Previous: £829

Change: -£529 (-63.8%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £25,152

Previous: £39,257

Change: -£14,105 (-35.9%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £24,886

Previous: £36,265

Change: -£11,379 (-31.4%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £409

Previous: £545

Change: -£136 (-25%)

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: 5

Change: -2 (-40%)

Comment: Trimmed the team by 2 people.