R & A KINCAID LTD

Executive Summary

R & A KINCAID LTD has a modest equity base backed by significant fixed assets but shows a concerning reduction in current assets and persistently high long-term liabilities. While current liabilities are low and working capital remains positive, liquidity is under pressure. Conditional credit approval is recommended with close monitoring of cash flow and debt servicing capacity to ensure ongoing financial stability.

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Financials
Year ending
2024-03-31
Total net assets
£25.48k
£15.50k vs previous year
Total liabilities
£-600.90k
£224.00k vs previous year
Total assets
£631.51k
£-203.36k vs previous year

Annual accounts

Financial Year Ending
31 March 2024

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23 November 2023

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31 March 2023

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