Spand N Building & Plastering Ltdspan

Key Facts

Net Assets

Current: £770,450

Previous: £1,185,595

Change: -415,145 (-35%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £785,663

Previous: £1,271,265

Change: -£485,602 (-38.2%)

Comment: Current assets fell significantly.

Cash

Current: £765,127

Previous: £893,489

Change: -£128,362 (-14.4%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £25,148

Previous: £94,198

Change: -£69,050 (-73.3%)

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

Net Current Assets Liabilities

Current: £760,515

Previous: £1,177,067

Change: -£416,552 (-35.4%)

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

Fixed Assets

Current: £9,935

Previous: £8,528

Change: +£1,407 (+16.5%)

Comment: Fixed assets grew steadily.

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.