Speedframe Lincoln Limited

Key Facts

Net Assets

Current: £49,771

Previous: £84,913

Change: -35,142 (-41.4%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £62,954

Previous: £93,167

Change: -£30,213 (-32.4%)

Comment: Current assets fell significantly.

Cash

Current: £415

Previous: £53,180

Change: -£52,765 (-99.2%)

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

Creditors 1 Year

Current: £88,065

Previous: £71,435

Change: +£16,630 (+23.3%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £25,111

Previous: £21,732

Change: +£3,379 (+15.5%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £103,517

Previous: £99,732

Change: +£3,785 (+3.8%)

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: 10

Previous: 9

Change: +1 (+11.1%)

Comment: Added a helper.