The Powell Plasterwork Company Limited

Key Facts

Net Assets

Current: £370,616

Previous: £251,198

Change: +119,418 (+47.5%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £562,494

Previous: £358,328

Change: +£204,166 (+57%)

Comment: Current assets increased significantly.

Cash

Current: £136,641

Previous: £71,109

Change: +£65,532 (+92.2%)

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

Creditors 1 Year

Current: £658,868

Previous: £547,285

Change: +£111,583 (+20.4%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £96,374

Previous: £188,957

Change: -£92,583 (-49%)

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

Fixed Assets

Current: £1,326,006

Previous: £1,329,804

Change: -£3,798 (-0.3%)

Comment: Fixed assets decreased slightly.

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: 13

Previous: 10

Change: +3 (+30%)

Comment: Strong expansion.