Erme Decorating Limited

Key Facts

Net Assets

Current: £52,476

Previous: £29,656

Change: +22,820 (+76.9%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £69,963

Previous: £101,289

Change: -£31,326 (-30.9%)

Comment: Current assets fell significantly.

Cash

Current: £2,976

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £56,185

Previous: £60,540

Change: -£4,355 (-7.2%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £20,166

Previous: £4,341

Change: +£15,825 (+364.5%)

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

Fixed Assets

Current: £23,875

Previous: £26,543

Change: -£2,668 (-10.1%)

Comment: Fixed assets reduced noticeably.

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: 4

Change: -2 (-50%)

Comment: Trimmed the team by 2 people.