Priest Funerals Ltd

Key Facts

Net Assets

Current: £13,974

Previous: £13,223

Change: +751 (+5.7%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £23,698

Previous: £26,265

Change: -£2,567 (-9.8%)

Comment: Current assets decreased slightly.

Cash

Current: £13,456

Previous: £7,407

Change: +£6,049 (+81.7%)

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

Creditors 1 Year

Current: £20,429

Previous: £16,145

Change: +£4,284 (+26.5%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £3,269

Previous: £10,120

Change: -£6,851 (-67.7%)

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

Fixed Assets

Current: £10,705

Previous: £3,103

Change: +£7,602 (+245%)

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.