Midlands Plastering Services Ltd

Key Facts

Net Assets

Current: £13,399

Previous: £43,900

Change: -30,501 (-69.5%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £58,635

Previous: £64,213

Change: -£5,578 (-8.7%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £51,822

Previous: £28,546

Change: +£23,276 (+81.5%)

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

Net Current Assets Liabilities

Current: £6,813

Previous: £35,667

Change: -£28,854 (-80.9%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £6,586

Previous: £8,233

Change: -£1,647 (-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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.