Gates Brothers Damp Proofing Ltd

Company Number: 12016602

Period End: 31st May 2025

Key Facts

Net Assets

Current: £10,526

Previous: £23,724

Change: -13,198 (-55.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £40,235

Previous: £62,711

Change: -£22,476 (-35.8%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £18,831

Previous: £13,333

Change: +£5,498 (+41.2%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £22,301

Previous: £36,825

Change: -£14,524 (-39.4%)

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

Fixed Assets

Current: £9,228

Previous: £2,554

Change: +£6,674 (+261.3%)

Comment: Fixed assets increased significantly.

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: 2

Change: +0 (+0%)

Comment: No change in team size.