Spanashmore Properties London Limitedspan

Key Facts

Net Assets

Current: £4,823,004

Previous: £6,225,719

Change: -1,402,715 (-22.5%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £142,625

Previous: £144,885

Change: -£2,260 (-1.6%)

Comment: Current assets decreased slightly.

Cash

Current: £36,780

Previous: £54,183

Change: -£17,403 (-32.1%)

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

Creditors 1 Year

Current: £6,300,000

Previous: £129,970

Change: +£6,170,030 (+4747.3%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £1,677,258

Previous: £7,987,691

Change: -£6,310,433 (-79%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £13,000,000

Previous: £15,000,000

Change: -£2,000,000 (-13.3%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.