Rs Asbestos Ltd

Key Facts

Net Assets

Current: £17,893

Previous: £83,409

Change: -65,516 (-78.5%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £210,653

Previous: £193,157

Change: +£17,496 (+9.1%)

Comment: Current assets increased slightly.

Cash

Current: £17,696

Previous: £8,577

Change: +£9,119 (+106.3%)

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

Creditors 1 Year

Current: £252,872

Previous: £323,664

Change: -£70,792 (-21.9%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £42,219

Previous: £130,507

Change: -£88,288 (-67.7%)

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

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: 18

Previous: 17

Change: +1 (+5.9%)

Comment: Slight growth.