J & S Furness Limited

Key Facts

Net Assets

Current: £2,876

Previous: £24,695

Change: -21,819 (-88.4%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £50,135

Previous: £73,627

Change: -£23,492 (-31.9%)

Comment: Current assets fell significantly.

Cash

Current: £11,172

Previous: £33,020

Change: -£21,848 (-66.2%)

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

Creditors 1 Year

Current: £58,388

Previous: £70,639

Change: -£12,251 (-17.3%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £8,253

Previous: £2,988

Change: +£5,265 (+176.2%)

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

Fixed Assets

Current: £11,129

Previous: £21,958

Change: -£10,829 (-49.3%)

Comment: Fixed assets fell 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: 17

Previous: 18

Change: -1 (-5.6%)

Comment: A slight contraction.