Music Lincs Ltd

Key Facts

Net Assets

Current: £13,585

Previous: £20,734

Change: -7,149 (-34.5%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £13,583

Previous: £23,505

Change: -£9,922 (-42.2%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £3,251

Previous: £5,991

Change: -£2,740 (-45.7%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £13,585

Previous: £20,734

Change: -£7,149 (-34.5%)

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

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.