P A FISHER AND SON LTD
Executive Summary
P A Fisher and Son Ltd has experienced a significant financial decline in the latest year, moving from positive net assets to a net liability position with a working capital shortfall. Liquidity has worsened sharply, with cash and debtors halving and current liabilities remaining high, raising concerns about their ability to meet obligations. Given this financial stress and limited visibility on profitability, credit approval is not recommended without substantial mitigating factors.
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