G & N Decorating Limited

Key Facts

Net Assets

Current: £6,470

Previous: £11,411

Change: -4,941 (-43.3%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £7,631

Previous: £33,842

Change: -£26,211 (-77.5%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £717

Previous: £23,672

Change: -£22,955 (-97%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £6,914

Previous: £10,388

Change: -£3,474 (-33.4%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £485

Previous: £1,952

Change: -£1,467 (-75.2%)

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: 1

Previous: 2

Change: -1 (-50%)

Comment: Lost a team member.