Hutchinson Asbestos Removal Limited

Key Facts

Net Assets

Current: £108,923

Previous: £178,672

Change: -69,749 (-39%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £160,959

Previous: £274,050

Change: -£113,091 (-41.3%)

Comment: Current assets fell significantly.

Cash

Current: £5

Previous: £23,404

Change: -£23,399 (-100%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £87,299

Previous: £10,498

Change: +£76,801 (+731.6%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £73,660

Previous: £149,743

Change: -£76,083 (-50.8%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £43,534

Previous: £52,960

Change: -£9,426 (-17.8%)

Comment: Fixed assets reduced noticeably.

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: 7

Previous: 9

Change: -2 (-22.2%)

Comment: Trimmed the team by 2 people.