Mg Woodwork Edinburgh Ltd

Key Facts

Net Assets

Current: £285

Previous: £567

Change: -282 (-49.7%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £5,810

Previous: £8,265

Change: -£2,455 (-29.7%)

Comment: Current assets reduced noticeably.

Cash

Current: £5,350

Previous: £7,690

Change: -£2,340 (-30.4%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £22,973

Previous: £25,659

Change: -£2,686 (-10.5%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £17,163

Previous: £17,394

Change: -£231 (-1.3%)

Comment: Net current assets decreased slightly.

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.