Ian Lamb Decorating Limited

Key Facts

Net Assets

Current: £222,698

Previous: £218,626

Change: +4,072 (+1.9%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £327,186

Previous: £291,119

Change: +£36,067 (+12.4%)

Comment: Current assets grew moderately.

Cash

Current: £116,460

Previous: £99,463

Change: +£16,997 (+17.1%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £30,294

Previous: £51,869

Change: -£21,575 (-41.6%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £235,620

Previous: £245,436

Change: -£9,816 (-4%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £23,163

Previous: £33,411

Change: -£10,248 (-30.7%)

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: 15

Previous: 20

Change: -5 (-25%)

Comment: A noticeable staff reduction.