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<p>Share Capital = 27</p> <p>current Account = 11</p> <p>Accumulated Losses = -183</p> <p>Revaluation Reserves = 316</p> <p>Term Loan = 138</p> <p>Current Borrowings = 35</p> <p>Creditors = 12</p> <p>Accrued exp & other</p> <p>payables = 37</p> <p><strong>Total = 395</strong></p> <p>Assets</p> <p>Land and Building =377</p> <p>Investment in Subsidiary = 8</p> <p>Debtors = 8</p> <p>Investory, bank etc = 2</p> <p><strong>Total =395</strong></p>
The company's financial situation is very bad, where the costs are too high and the investment in a great degree of decline but not enough to pay all the obligations which makes the company in the next stage of the stages on Bankruptcy
The firm is highly geared and is't principle of going concern is in doubt.
The financial cost is too high whereas the investment is too low. The size of the firm (Land & building Worth377) is no doubt a big one but not enough to pay off all the Liabilities which are subsequently lead this company to may be bankruptcy.
there are very low percentage in current ratio tend to financial problems
The balance sheet perspectives provided in this overview are meant to give weak status of company . With these considerations in mind, beginning investors should be better prepared to cope with learning the analytical details of discerning the investment qualities reflected in a company's financials. Debt margin ratio is cross proportion borrowings and share capital.
Balance sheet is health is sick. The losses and term loan is mounted.
But company can do good as there reserves. good management team can really change the company scenario.
Financial position of the firm is very weak, may dissolve soon.
There were unfavorable Current Ratio & Quick Ratio as well as net working capital was minus.that is very bad financial situation for that company
