Schofields Of Lancashire Ltd

Key Facts

Net Assets

Current: £101,328

Previous: £77,034

Change: +24,294 (+31.5%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £422,654

Previous: £459,765

Change: -£37,111 (-8.1%)

Comment: Current assets decreased slightly.

Cash

Current: £66,268

Previous: £106,795

Change: -£40,527 (-37.9%)

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

Creditors 1 Year

Current: £171,703

Previous: £261,082

Change: -£89,379 (-34.2%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £250,951

Previous: £198,683

Change: +£52,268 (+26.3%)

Comment: Net current assets strengthened moderately.

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.