Morar Preston Ltd

Key Facts

Net Assets

Current: £1,461,130

Previous: £438,336

Change: +1,022,794 (+233.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £482,168

Previous: £218,142

Change: +£264,026 (+121%)

Comment: Current assets increased significantly.

Cash

Current: £14,349

Previous: £21,603

Change: -£7,254 (-33.6%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £2,343,298

Previous: £1,106,478

Change: +£1,236,820 (+111.8%)

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

Net Current Assets Liabilities

Current: £1,861,130

Previous: £888,336

Change: +£972,794 (+109.5%)

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

Fixed Assets

Current: £400,000

Previous: £450,000

Change: -£50,000 (-11.1%)

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: 79

Previous: 32

Change: +47 (+146.9%)

Comment: Strong expansion.