Meldec Decorators Ltd

Key Facts

Net Assets

Current: £9,611

Previous: £4,496

Change: +5,115 (+113.8%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £6,315

Previous: £17,736

Change: -£11,421 (-64.4%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £2,048

Previous: £17,736

Change: -£15,688 (-88.5%)

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

Creditors 1 Year

Current: £3,580

Previous: £21,834

Change: -£18,254 (-83.6%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £2,735

Previous: £4,098

Change: -£1,363 (-33.3%)

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

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.