MCANDERS LTD

Executive Summary

McAnders Ltd is currently in a financially vulnerable position characterized by negative net assets and poor liquidity, indicating a high risk of default on financial obligations. The company’s financial trajectory shows worsening solvency with no clear evidence of turnaround or capital support. Credit facilities should be declined until there is demonstrable improvement in the company’s financial health and cash flow generation.

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Financials
Year ending
2023-08-31
Total net assets
£-52.43k
£-33.15k vs previous year
Total liabilities
£-58.81k
£-38.11k vs previous year
Total assets
£6.38k
£4.97k vs previous year

Annual accounts

Financial Year Ending
30 January 2024

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31 August 2023

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11 May 2023

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31 August 2022

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