Michael Mcdonagh Painting & Decorating Contractors Limited

Key Facts

Net Assets

Current: £59,404

Previous: £41,211

Change: +18,193 (+44.1%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £68,860

Previous: £71,834

Change: -£2,974 (-4.1%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £7,764

Previous: £30,711

Change: -£22,947 (-74.7%)

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

Net Current Assets Liabilities

Current: £61,096

Previous: £41,123

Change: +£19,973 (+48.6%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £1,546

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.