Paint Technik Glasgow Limited

Key Facts

Net Assets

Current: £13,565

Previous: £34,650

Change: -21,085 (-60.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £25,956

Previous: £49,879

Change: -£23,923 (-48%)

Comment: Current assets fell significantly.

Cash

Current: £18,576

Previous: £42,187

Change: -£23,611 (-56%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £12,917

Previous: £14,636

Change: -£1,719 (-11.7%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £13,039

Previous: £35,243

Change: -£22,204 (-63%)

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

Fixed Assets

Current: £649

Previous: £865

Change: -£216 (-25%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.