Ian Garforth Commercial Decorating Ltd

Key Facts

Net Assets

Current: £57,891

Previous: £116,551

Change: -58,660 (-50.3%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £179,362

Previous: £108,016

Change: +£71,346 (+66.1%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £13,284

Previous: £10,590

Change: +£2,694 (+25.4%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £45,700

Previous: £105,961

Change: -£60,261 (-56.9%)

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

Fixed Assets

Current: £1,093

Previous: Not reported

Comment: Not reported

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: 14

Change: -8 (-57.1%)

Comment: A significant downsizing.