Industrial Electrical Repairs Cornwall Limited

Key Facts

Net Assets

Current: £30,380

Previous: £35,991

Change: -5,611 (-15.6%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £146,735

Previous: £138,335

Change: +£8,400 (+6.1%)

Comment: Current assets increased slightly.

Cash

Current: £89,819

Previous: £73,622

Change: +£16,197 (+22%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £124,914

Previous: £51,466

Change: +£73,448 (+142.7%)

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

Net Current Assets Liabilities

Current: £21,821

Previous: £86,869

Change: -£65,048 (-74.9%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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.