Smiths Of Suffolk Ltd

Key Facts

Net Assets

Current: £4,684

Previous: £2,981

Change: +1,703 (+57.1%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £1,949

Previous: £5,964

Change: -£4,015 (-67.3%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £1,206

Previous: £1,485

Change: -£279 (-18.8%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £5,067

Previous: £2,366

Change: +£2,701 (+114.2%)

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

Fixed Assets

Current: £10,957

Previous: £2,100

Change: +£8,857 (+421.8%)

Comment: Fixed assets increased significantly.

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.