The Glass Factory Limited

Key Facts

Net Assets

Current: £15,832

Previous: £15,761

Change: +71 (+0.5%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £43,883

Previous: £47,416

Change: -£3,533 (-7.5%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £5,280

Previous: £15,645

Change: -£10,365 (-66.3%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £21,112

Previous: £31,406

Change: -£10,294 (-32.8%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.