Jmg Plastering Ltd

Key Facts

Net Assets

Current: £9,638

Previous: £14,684

Change: -5,046 (-34.4%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £18,661

Previous: £20,803

Change: -£2,142 (-10.3%)

Comment: Current assets reduced noticeably.

Cash

Current: £15,307

Previous: £678

Change: +£14,629 (+2157.7%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £12,694

Previous: £11,773

Change: +£921 (+7.8%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £5,967

Previous: £9,030

Change: -£3,063 (-33.9%)

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

Fixed Assets

Current: £10,178

Previous: £5,654

Change: +£4,524 (+80%)

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: 1

Change: +1 (+100%)

Comment: Added a helper.