Promising Removals Ltd

Key Facts

Net Assets

Current: £968

Previous: £4,185

Change: -3,217 (-76.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £1,607

Previous: £1,436

Change: +£171 (+11.9%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £4,194

Previous: £1,449

Change: +£2,745 (+189.4%)

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

Net Current Assets Liabilities

Current: £2,587

Previous: £1,015

Change: +£1,572 (+154.9%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £4,275

Previous: £5,344

Change: -£1,069 (-20%)

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.