Passmore Of Southampton Limited

Key Facts

Net Assets

Current: £265,300

Previous: £238,605

Change: +26,695 (+11.2%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £498,292

Previous: £535,968

Change: -£37,676 (-7%)

Comment: Current assets decreased slightly.

Cash

Current: £290,492

Previous: £354,002

Change: -£63,510 (-17.9%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £327,346

Previous: £392,203

Change: -£64,857 (-16.5%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £170,946

Previous: £143,765

Change: +£27,181 (+18.9%)

Comment: Net current assets strengthened moderately.

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: 15

Previous: 12

Change: +3 (+25%)

Comment: Solid growth.