Medway Decorating Ltd

Key Facts

Net Assets

Current: £29,881

Previous: £16,939

Change: +12,942 (+76.4%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £37,983

Previous: £22,573

Change: +£15,410 (+68.3%)

Comment: Current assets increased significantly.

Cash

Current: £37,983

Previous: £19,873

Change: +£18,110 (+91.1%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £9,092

Previous: £6,954

Change: +£2,138 (+30.7%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £28,891

Previous: £15,619

Change: +£13,272 (+85%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £990

Previous: £1,320

Change: -£330 (-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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.