M Smith Decorators Limited

Key Facts

Net Assets

Current: £1,271

Previous: £21,125

Change: -19,854 (-94%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £9,138

Previous: £40,376

Change: -£31,238 (-77.4%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £24,309

Previous: £32,417

Change: -£8,108 (-25%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £6,096

Previous: £31,564

Change: -£25,468 (-80.7%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £19,484

Previous: £21,978

Change: -£2,494 (-11.3%)

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.