Spand & N Construction Salisbury Limitedspan

Key Facts

Net Assets

Current: £77,330

Previous: £40,914

Change: +36,416 (+89%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £28,954

Previous: £187,693

Change: -£158,739 (-84.6%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £2,824

Previous: £8,171

Change: -£5,347 (-65.4%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £106,284

Previous: £236,256

Change: -£129,972 (-55%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £77,330

Previous: £48,563

Change: +£28,767 (+59.2%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £7,649

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: 1

Previous: 10

Change: -9 (-90%)

Comment: Trimmed the team by 9 people.