Pattesons Glass Limited

Key Facts

Net Assets

Current: £2,007,784

Previous: £2,586,851

Change: -579,067 (-22.4%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £5,917,478

Previous: £5,731,085

Change: +£186,393 (+3.3%)

Comment: Current assets increased slightly.

Cash

Current: £84,291

Previous: £117,583

Change: -£33,292 (-28.3%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £1,734

Previous: £594,169

Change: -£592,435 (-99.7%)

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

Net Current Assets Liabilities

Current: £866,311

Previous: £1,320,324

Change: -£454,013 (-34.4%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £1,231,492

Previous: £1,932,689

Change: -£701,197 (-36.3%)

Comment: Fixed assets fell 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: 27

Previous: 26

Change: +1 (+3.8%)

Comment: Slight growth.