The Picture Frame Maker Perth Ltd

Key Facts

Net Assets

Current: £43,115

Previous: £52,183

Change: -9,068 (-17.4%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £61,639

Previous: £90,599

Change: -£28,960 (-32%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £80,518

Previous: £98,273

Change: -£17,755 (-18.1%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £18,879

Previous: £7,674

Change: +£11,205 (+146%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £61,994

Previous: £59,857

Change: +£2,137 (+3.6%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.