Progas Devon Ltd

Key Facts

Net Assets

Current: £71,950

Previous: £82,659

Change: -10,709 (-13%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £35,998

Previous: £45,651

Change: -£9,653 (-21.1%)

Comment: Current assets reduced noticeably.

Cash

Current: £28,246

Previous: £31,138

Change: -£2,892 (-9.3%)

Comment: Cash decreased slightly.

Creditors 1 Year

Current: £36,790

Previous: £23,992

Change: +£12,798 (+53.3%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £792

Previous: £21,659

Change: -£20,867 (-96.3%)

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

Fixed Assets

Current: £75,827

Previous: £70,000

Change: +£5,827 (+8.3%)

Comment: Fixed assets increased slightly.

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.