Spanharmers Of London Auctions Limitedspan

Company Number: 11561504

Period End: 31st December 2024

Key Facts

Net Assets

Current: £406,222

Previous: £255,313

Change: +150,909 (+59.1%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £848,667

Previous: £1,411,291

Change: -£562,624 (-39.9%)

Comment: Current assets fell significantly.

Cash

Current: £170,354

Previous: £348,105

Change: -£177,751 (-51.1%)

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

Creditors 1 Year

Current: £662,613

Previous: £869,828

Change: -£207,215 (-23.8%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £75,949

Previous: £382,383

Change: -£306,434 (-80.1%)

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

Fixed Assets

Current: £180,442

Previous: £232,132

Change: -£51,690 (-22.3%)

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.