Picasso Express Bexhill Ltd

Key Facts

Net Assets

Current: £4,808

Previous: £6,744

Change: -1,936 (-28.7%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £117,389

Previous: £56,601

Change: +£60,788 (+107.4%)

Comment: Current assets increased significantly.

Cash

Current: £113,889

Previous: £53,601

Change: +£60,288 (+112.5%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £219,647

Previous: £168,143

Change: +£51,504 (+30.6%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £102,258

Previous: £111,542

Change: -£9,284 (-8.3%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £107,066

Previous: £118,286

Change: -£11,220 (-9.5%)

Comment: Fixed assets decreased slightly.

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: 43

Previous: 42

Change: +1 (+2.4%)

Comment: Slight growth.