Picasso Express Eastbourne Ltd

Key Facts

Net Assets

Current: £874

Previous: £9,159

Change: -8,285 (-90.5%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £10,484

Previous: £2,503

Change: +£7,981 (+318.9%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £33,643

Previous: £18,749

Change: +£14,894 (+79.4%)

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

Net Current Assets Liabilities

Current: £23,159

Previous: £16,246

Change: +£6,913 (+42.6%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £22,284

Previous: £25,404

Change: -£3,120 (-12.3%)

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: 13

Previous: 11

Change: +2 (+18.2%)

Comment: Solid growth.