Lb Painting & Decorating Contractors Ltd

Key Facts

Net Assets

Current: £77,031

Previous: £87,235

Change: -10,204 (-11.7%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £7,526

Previous: £14,184

Change: -£6,658 (-46.9%)

Comment: Current assets fell significantly.

Cash

Current: £401

Previous: £10,404

Change: -£10,003 (-96.1%)

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

Creditors 1 Year

Current: £69,505

Previous: £71,044

Change: -£1,539 (-2.2%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £77,031

Previous: £85,228

Change: -£8,197 (-9.6%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: Not reported

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.