Ian Mccubbin Decorators Ltd

Company Number: SC708838

Period End: 31st March 2025

Key Facts

Net Assets

Current: £5,953

Previous: £2,953

Change: +3,000 (+101.6%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £14,113

Previous: £11,396

Change: +£2,717 (+23.8%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £400

Previous: £496

Change: -£96 (-19.4%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £32,330

Previous: £48,116

Change: -£15,786 (-32.8%)

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

Fixed Assets

Current: £38,683

Previous: £51,565

Change: -£12,882 (-25%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.