Precision Fabrications Andover Ltd

Key Facts

Net Assets

Current: £2,067,869

Previous: £2,323,096

Change: -255,227 (-11%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £2,271,760

Previous: £1,727,394

Change: +£544,366 (+31.5%)

Comment: Current assets increased significantly.

Cash

Current: £13,613

Previous: £1,969

Change: +£11,644 (+591.4%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £2,066,613

Previous: £1,230,135

Change: +£836,478 (+68%)

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

Net Current Assets Liabilities

Current: £205,147

Previous: £497,259

Change: -£292,112 (-58.7%)

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

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: 32

Previous: 32

Change: +0 (+0%)

Comment: No meaningful change.