Spannew Century Kitchen Ltdspan

Key Facts

Net Assets

Current: £676,331

Previous: £460,948

Change: +215,383 (+46.7%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £899,984

Previous: £455,106

Change: +£444,878 (+97.8%)

Comment: Current assets increased significantly.

Cash

Current: £70,483

Previous: £26,388

Change: +£44,095 (+167.1%)

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

Creditors 1 Year

Current: £1,642,509

Previous: £981,625

Change: +£660,884 (+67.3%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £742,525

Previous: £526,519

Change: +£216,006 (+41%)

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

Fixed Assets

Current: £66,194

Previous: £65,571

Change: +£623 (+1%)

Comment: Fixed assets increased slightly.

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: 37

Previous: 42

Change: -5 (-11.9%)

Comment: A noticeable staff reduction.