Gb Painting & Decorating Limited

Key Facts

Net Assets

Current: £59,213

Previous: £25,175

Change: +34,038 (+135.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £121,951

Previous: £79,099

Change: +£42,852 (+54.2%)

Comment: Current assets increased significantly.

Cash

Current: £6,211

Previous: £19,001

Change: -£12,790 (-67.3%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £87,740

Previous: £93,738

Change: -£5,998 (-6.4%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £34,211

Previous: £14,639

Change: +£19,572 (+133.7%)

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

Fixed Assets

Current: £31,145

Previous: £39,814

Change: -£8,669 (-21.8%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.