Spandampd Manchester Limitedspan

Key Facts

Net Assets

Current: £98,594

Previous: £1,413,315

Change: -1,314,721 (-93%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £766,030

Previous: £617,541

Change: +£148,489 (+24%)

Comment: Current assets grew moderately.

Cash

Current: £52,108

Previous: £44,428

Change: +£7,680 (+17.3%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £1,731,192

Previous: £3,030,239

Change: -£1,299,047 (-42.9%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £965,162

Previous: £2,412,698

Change: -£1,447,536 (-60%)

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

Fixed Assets

Current: £2,357,754

Previous: £2,786,871

Change: -£429,117 (-15.4%)

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: 116

Previous: 121

Change: -5 (-4.1%)

Comment: A reduction of -4.1%.