R Tec Engineering Lincolnshire Limited

Key Facts

Net Assets

Current: £17,889

Previous: £5,978

Change: +11,911 (+199.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £4,284

Previous: £15,904

Change: -£11,620 (-73.1%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £136,904

Previous: £139,917

Change: -£3,013 (-2.2%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £132,620

Previous: £124,013

Change: +£8,607 (+6.9%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £114,731

Previous: £129,991

Change: -£15,260 (-11.7%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.