Novello Castles Surveyors Limited

Key Facts

Net Assets

Current: £45,653

Previous: £56,314

Change: -10,661 (-18.9%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £93,520

Previous: £85,771

Change: +£7,749 (+9%)

Comment: Current assets increased slightly.

Cash

Current: £16,237

Previous: £44,729

Change: -£28,492 (-63.7%)

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

Creditors 1 Year

Current: £54,787

Previous: £40,425

Change: +£14,362 (+35.5%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £38,733

Previous: £45,346

Change: -£6,613 (-14.6%)

Comment: Net current assets weakened noticeably.

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: 5

Previous: 10

Change: -5 (-50%)

Comment: Trimmed the team by 5 people.