Kip Mcgrath Midlothian Ltd

Key Facts

Net Assets

Current: £21,840

Previous: £19,365

Change: +2,475 (+12.8%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £1,214

Previous: £4,836

Change: -£3,622 (-74.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £927

Previous: £4,732

Change: -£3,805 (-80.4%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £23,438

Previous: £25,382

Change: -£1,944 (-7.7%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £22,224

Previous: £20,546

Change: +£1,678 (+8.2%)

Comment: Net current assets improved slightly.

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: 11

Previous: 11

Change: +0 (+0%)

Comment: No meaningful change.