Mcgilligan Kitchens & Joinery Ltd

Key Facts

Net Assets

Current: £2,364

Previous: £706

Change: +1,658 (+234.8%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £487

Previous: £3,519

Change: -£3,032 (-86.2%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £3,903

Previous: £5,660

Change: -£1,757 (-31%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £3,416

Previous: £2,141

Change: +£1,275 (+59.6%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £2,052

Previous: £2,847

Change: -£795 (-27.9%)

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: Not reported

Previous: Not reported

Comment: Not reported