Morespace Fife Ltd

Key Facts

Net Assets

Current: £2,426

Previous: £3,591

Change: -1,165 (-32.4%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £1,984

Previous: £1,429

Change: +£555 (+38.8%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £267

Previous: £1,867

Change: -£1,600 (-85.7%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £5,523

Previous: £5,847

Change: -£324 (-5.5%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £3,940

Previous: £4,925

Change: -£985 (-20%)

Comment: Fixed assets reduced noticeably.

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: Not reported

Previous: Not reported

Comment: Not reported