Metal Craft Fabrications Havant Limited

Key Facts

Net Assets

Current: £47,241

Previous: £109,871

Change: -62,630 (-57%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £74,320

Previous: £31,167

Change: +£43,153 (+138.5%)

Comment: Current assets increased significantly.

Cash

Current: £45,748

Previous: £8,818

Change: +£36,930 (+418.8%)

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

Creditors 1 Year

Current: £136,363

Previous: £142,729

Change: -£6,366 (-4.5%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £62,043

Previous: £111,562

Change: -£49,519 (-44.4%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £14,802

Previous: £1,691

Change: +£13,111 (+775.3%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.