Ic Electrical London Ltd

Key Facts

Net Assets

Current: £36,791

Previous: £49,053

Change: -12,262 (-25%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £50,480

Previous: £46,749

Change: +£3,731 (+8%)

Comment: Current assets increased slightly.

Cash

Current: £50,173

Previous: £46,560

Change: +£3,613 (+7.8%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £28,218

Previous: £17,895

Change: +£10,323 (+57.7%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £22,262

Previous: £28,854

Change: -£6,592 (-22.8%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £14,529

Previous: £20,199

Change: -£5,670 (-28.1%)

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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.