Worthing Removals And Storage Co P & H Limited

Key Facts

Net Assets

Current: £268,426

Previous: £329,783

Change: -61,357 (-18.6%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £283,735

Previous: £211,045

Change: +£72,690 (+34.4%)

Comment: Current assets increased significantly.

Cash

Current: £49,882

Previous: £23,726

Change: +£26,156 (+110.2%)

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

Creditors 1 Year

Current: £19,044

Previous: £39,117

Change: -£20,073 (-51.3%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £2,854

Previous: £51,386

Change: -£48,532 (-94.4%)

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

Fixed Assets

Current: £313,524

Previous: £346,638

Change: -£33,114 (-9.6%)

Comment: Fixed assets decreased 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: 15

Previous: 19

Change: -4 (-21.1%)

Comment: A noticeable staff reduction.