Newport And Hereford Drainage Limited

Key Facts

Net Assets

Current: £128,461

Previous: £355,466

Change: -227,005 (-63.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £684,727

Previous: £723,752

Change: -£39,025 (-5.4%)

Comment: Current assets decreased slightly.

Cash

Current: £82,498

Previous: £82,260

Change: +£238 (+0.3%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £703,069

Previous: £812,085

Change: -£109,016 (-13.4%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £172,565

Previous: £31,675

Change: +£140,890 (+444.8%)

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

Fixed Assets

Current: £1,213,479

Previous: £1,377,205

Change: -£163,726 (-11.9%)

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: 52

Previous: 50

Change: +2 (+4%)

Comment: Slight growth.