As of the most recent available financial data, The Pet Shop Boys Partnership Limited had a net worth of £165,427. This figure represents the total assets minus total liabilities of their primary business entity.
Understanding the Financial Picture
The financial health of The Pet Shop Boys Partnership Limited, which manages the commercial aspects of the music duo, has seen fluctuations. Net worth provides a snapshot of the company's financial standing at a specific point in time, indicating its overall value.
Below is a detailed breakdown of key financial metrics for The Pet Shop Boys Partnership Limited over recent years:
Financial Metric | 2019 | 2022 |
---|---|---|
Cash | £399,286.00 | £96,609.00 |
Net Worth | -£686,680.00 | £165,427.00 |
Total Current Assets | £788,600.00 | £441,925.00 |
Total Current Liabilities | £1,478,329.00 | £278,803.00 |
As shown, the company experienced a significant improvement in its financial position between 2019 and 2022, transitioning from a negative net worth to a positive one. This indicates a stronger balance sheet and reduced liabilities relative to assets.