Spanbuddha Lounge London Ltdspan

Key Facts

Net Assets

Current: £29,254

Previous: £118,183

Change: -88,929 (-75.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £234,288

Previous: £50,536

Change: +£183,752 (+363.6%)

Comment: Current assets increased significantly.

Cash

Current: £105,227

Previous: £41,157

Change: +£64,070 (+155.7%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £6,601

Previous: £36,408

Change: -£29,807 (-81.9%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £47,195

Previous: £113,053

Change: -£65,858 (-58.3%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £24,542

Previous: £31,278

Change: -£6,736 (-21.5%)

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: 28

Previous: 29

Change: -1 (-3.4%)

Comment: A slight contraction.