Paynes Plastering Limited

Key Facts

Net Assets

Current: £7,021

Previous: £371

Change: +6,650 (+1792.5%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £16,670

Previous: £23,312

Change: -£6,642 (-28.5%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £16,251

Previous: £20,632

Change: -£4,381 (-21.2%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £20

Previous: £9,022

Change: -£9,002 (-99.8%)

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

Fixed Assets

Current: £27,208

Previous: £35,048

Change: -£7,840 (-22.4%)

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: Not reported

Comment: Not reported