Sea Glass Inn Limited

Key Facts

Net Assets

Current: £106,646

Previous: £81,959

Change: +24,687 (+30.1%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £214,253

Previous: £258,906

Change: -£44,653 (-17.2%)

Comment: Current assets reduced noticeably.

Cash

Current: £73,733

Previous: £111,836

Change: -£38,103 (-34.1%)

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

Creditors 1 Year

Current: £293,287

Previous: £281,778

Change: +£11,509 (+4.1%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £79,034

Previous: £22,872

Change: +£56,162 (+245.5%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

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: 14

Previous: 16

Change: -2 (-12.5%)

Comment: A noticeable staff reduction.