The Specs Factory Norwich Ltd

Key Facts

Net Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Current Assets

Current: £61,807

Previous: £78,258

Change: -£16,451 (-21%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £9,625

Previous: £39,559

Change: -£29,934 (-75.7%)

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

Net Current Assets Liabilities

Current: £23,902

Previous: £44,107

Change: -£20,205 (-45.8%)

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

Fixed Assets

Current: £182

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.