Platinum Plastering Ltd

Key Facts

Net Assets

Current: £16,748

Previous: £18,145

Change: -1,397 (-7.7%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £15,044

Previous: £17,421

Change: -£2,377 (-13.6%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £10,746

Previous: £3,076

Change: +£7,670 (+249.3%)

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

Net Current Assets Liabilities

Current: £4,298

Previous: £14,345

Change: -£10,047 (-70%)

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

Fixed Assets

Current: £13,650

Previous: £5,000

Change: +£8,650 (+173%)

Comment: Fixed assets increased significantly.

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: 1

Change: +0 (+0%)

Comment: No change in team size.