Michael Nutt Decorators Limited

Key Facts

Net Assets

Current: £257,079

Previous: £172,087

Change: +84,992 (+49.4%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £627,901

Previous: £614,383

Change: +£13,518 (+2.2%)

Comment: Current assets increased slightly.

Cash

Current: £407,661

Previous: £33,544

Change: +£374,117 (+1115.3%)

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

Creditors 1 Year

Current: £375,178

Previous: £437,922

Change: -£62,744 (-14.3%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £252,723

Previous: £176,461

Change: +£76,262 (+43.2%)

Comment: Net current assets increased significantly, improving 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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.