Island Plastering Limited

Key Facts

Net Assets

Current: £10,851

Previous: £68,336

Change: -57,485 (-84.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £142,083

Previous: £119,687

Change: +£22,396 (+18.7%)

Comment: Current assets grew moderately.

Cash

Current: £64

Previous: £64

Change: +£0 (+0%)

Comment: No change in cash reserves.

Creditors 1 Year

Current: £1,527

Previous: £22,182

Change: -£20,655 (-93.1%)

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

Net Current Assets Liabilities

Current: £2,254

Previous: £64,000

Change: -£61,746 (-96.5%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.