SPD PLASTERERS LIMITED

Executive Summary

SPD Plasterers Limited shows a stable equity base but recent accounts reveal weakening liquidity with net current liabilities and reduced current assets, posing short-term repayment risks. The company’s small scale and absence of long-term debt reduce financial risk, but credit should be granted conditionally with close monitoring of cash flow and working capital improvements. Continued filing compliance and transparency on profitability will support ongoing credit assessment.