Techlabs London Ltd

Key Facts

Net Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Current Assets

Current: £2,991,805

Previous: £2,284,771

Change: +£707,034 (+30.9%)

Comment: Current assets increased significantly.

Cash

Current: £2,678,041

Previous: £2,038,153

Change: +£639,888 (+31.4%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £1,622,716

Previous: £609,855

Change: +£1,012,861 (+166.1%)

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

Net Current Assets Liabilities

Current: £1,369,089

Previous: £1,674,916

Change: -£305,827 (-18.3%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 17

Previous: 21

Change: -4 (-19%)

Comment: A noticeable staff reduction.