Precision Drylining And Plastering Ltd

Key Facts

Net Assets

Current: £378

Previous: £658

Change: -280 (-42.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £59,954

Previous: £25,045

Change: +£34,909 (+139.4%)

Comment: Current assets increased significantly.

Cash

Current: £38,465

Previous: £6,455

Change: +£32,010 (+495.9%)

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

Creditors 1 Year

Current: £52,550

Previous: £15,753

Change: +£36,797 (+233.6%)

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

Net Current Assets Liabilities

Current: £7,404

Previous: £9,292

Change: -£1,888 (-20.3%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £273

Previous: £862

Change: -£589 (-68.3%)

Comment: Fixed assets fell 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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.