Abbott Decorating Ltd

Key Facts

Net Assets

Current: £19,455

Previous: £8,314

Change: +11,141 (+134%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £45,003

Previous: £38,082

Change: +£6,921 (+18.2%)

Comment: Current assets grew moderately.

Cash

Current: £37,177

Previous: £28,106

Change: +£9,071 (+32.3%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £30,990

Previous: £37,491

Change: -£6,501 (-17.3%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £14,013

Previous: £591

Change: +£13,422 (+2271.1%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £20,552

Previous: £9,535

Change: +£11,017 (+115.5%)

Comment: Fixed assets increased significantly.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.