Fairoak Decorators Limited

Key Facts

Net Assets

Current: £2,155

Previous: £5,718

Change: -3,563 (-62.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £12,255

Previous: £9,590

Change: +£2,665 (+27.8%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £11,835

Previous: £7,124

Change: +£4,711 (+66.1%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £420

Previous: £2,466

Change: -£2,046 (-83%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £2,135

Previous: £3,652

Change: -£1,517 (-41.5%)

Comment: Fixed assets fell 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.