G & C Mackenzie Decorating Ltd

Key Facts

Net Assets

Current: £6,738

Previous: £20,231

Change: -13,493 (-66.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £23,891

Previous: £41,703

Change: -£17,812 (-42.7%)

Comment: Current assets fell significantly.

Cash

Current: £20,227

Previous: £24,773

Change: -£4,546 (-18.4%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £32,374

Previous: £40,347

Change: -£7,973 (-19.8%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £8,483

Previous: £1,356

Change: +£7,127 (+525.6%)

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

Fixed Assets

Current: £33,611

Previous: £26,029

Change: +£7,582 (+29.1%)

Comment: Fixed assets grew steadily.

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: 6

Previous: 6

Change: +0 (+0%)

Comment: No change in team size.