The Preston Office Ltd

Key Facts

Net Assets

Current: £35,781

Previous: £89,465

Change: -53,684 (-60%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £9,651

Previous: £296,842

Change: -£287,191 (-96.7%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £868

Previous: £111

Change: +£757 (+682%)

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

Creditors 1 Year

Current: £9,948

Previous: £332,247

Change: -£322,299 (-97%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £297

Previous: £35,405

Change: -£35,108 (-99.2%)

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

Fixed Assets

Current: Not reported

Previous: £621,241

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.