Jimmy May Scrap Metal Limited

Key Facts

Net Assets

Current: £646,571

Previous: £577,595

Change: +68,976 (+11.9%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £153,325

Previous: £79,312

Change: +£74,013 (+93.3%)

Comment: Current assets increased significantly.

Cash

Current: £9,460

Previous: £550

Change: +£8,910 (+1620%)

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

Creditors 1 Year

Current: £151,454

Previous: £192,766

Change: -£41,312 (-21.4%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £51,132

Previous: £9,050

Change: +£42,082 (+465%)

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

Fixed Assets

Current: £829,608

Previous: £847,408

Change: -£17,800 (-2.1%)

Comment: Fixed assets decreased slightly.

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: 6

Previous: 9

Change: -3 (-33.3%)

Comment: Trimmed the team by 3 people.