Spandlm Electrical Contractors Shropshire Limitedspan

Key Facts

Net Assets

Current: £20,508

Previous: £1,723

Change: +18,785 (+1090.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £148,714

Previous: £95,230

Change: +£53,484 (+56.2%)

Comment: Current assets increased significantly.

Cash

Current: £1

Previous: £1

Change: +£0 (+0%)

Comment: No change in cash reserves.

Creditors 1 Year

Current: £73,120

Previous: £98,437

Change: -£25,317 (-25.7%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £25,565

Previous: £9,140

Change: +£16,425 (+179.7%)

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

Fixed Assets

Current: £78,177

Previous: £109,300

Change: -£31,123 (-28.5%)

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: 7

Previous: 9

Change: -2 (-22.2%)

Comment: Trimmed the team by 2 people.