Palmers Removals Limited

Key Facts

Net Assets

Current: £58,200

Previous: £37,412

Change: +20,788 (+55.6%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £86,004

Previous: £56,567

Change: +£29,437 (+52%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £42,804

Previous: £26,355

Change: +£16,449 (+62.4%)

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

Net Current Assets Liabilities

Current: £43,200

Previous: £30,212

Change: +£12,988 (+43%)

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

Fixed Assets

Current: £15,000

Previous: £7,200

Change: +£7,800 (+108.3%)

Comment: Fixed assets increased significantly.

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: 6

Previous: 5

Change: +1 (+20%)

Comment: Added a helper.