Mcgrath Armagh Contracts Ltd

Key Facts

Net Assets

Current: £3,102

Previous: £1,715

Change: +1,387 (+80.9%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £13,645

Previous: £5,377

Change: +£8,268 (+153.8%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £11,077

Previous: £4,710

Change: +£6,367 (+135.2%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £2,568

Previous: £667

Change: +£1,901 (+285%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £2,054

Previous: £2,568

Change: -£514 (-20%)

Comment: Fixed assets reduced noticeably.

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.