Praise Kitchens Ltd

Key Facts

Net Assets

Current: £6,871

Previous: £4,818

Change: +2,053 (+42.6%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £1,666

Previous: £1,460

Change: +£206 (+14.1%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £7,140

Previous: £5,328

Change: +£1,812 (+34%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £269

Previous: £510

Change: -£241 (-47.3%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.