Graphene Innovations Manchester Ltd

Key Facts

Net Assets

Current: £33

Previous: £1,746,165

Change: -1,746,132 (-100%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £1,164,877

Previous: £95,022

Change: +£1,069,855 (+1125.9%)

Comment: Current assets increased significantly.

Cash

Current: £101,755

Previous: £20,348

Change: +£81,407 (+400.1%)

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

Creditors 1 Year

Current: £1,261,744

Previous: £163,385

Change: +£1,098,359 (+672.3%)

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

Net Current Assets Liabilities

Current: £96,867

Previous: £68,363

Change: +£28,504 (+41.7%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £991,941

Previous: £151,133

Change: +£840,808 (+556.3%)

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: 12

Previous: 21.00

Change: -9 (-42.9%)

Comment: A significant downsizing.