Stoneguard Northern Limited

Stoneguard Northern Limited has reported a substantial increase in its net assets, with a 126.1% rise to £1,338,901, driven by a sharp growth in cash and a moderate expansion of current assets.

The company's current assets have grown by 11.6% to £2,981,723, with cash rising sharply by 231.4% to £854,262, indicating a strong improvement in liquidity and ability to meet short-term obligations.

Liabilities have also seen significant changes, with short-term creditors reducing by 19.2% to £1,691,167, and net current assets rising by 123.1% to £1,290,556, suggesting a strong improvement in working capital management.

Operational performance is somewhat obscured by the lack of reported turnover figures, which is not uncommon for micro-entities and small businesses, making it challenging to assess the company's revenue growth and profitability.

Notable gaps in the data include the absence of fixed asset and turnover figures, which would provide a more comprehensive understanding of the company's financial position and performance.

Despite these limitations, the available data suggests that Stoneguard Northern Limited has made significant strides in improving its liquidity and working capital management, with a 33.3% expansion in employee numbers indicating a strong period of growth and investment in the business.