Michaelangelo Devon Limited

Key Facts

Net Assets

Current: £378,236

Previous: £488,200

Change: -109,964 (-22.5%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £34,738

Previous: £143,942

Change: -£109,204 (-75.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £2,449

Previous: £1,699

Change: +£750 (+44.1%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £9,632

Previous: £9,160

Change: +£472 (+5.2%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £25,106

Previous: £134,782

Change: -£109,676 (-81.4%)

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

Fixed Assets

Current: £353,513

Previous: £353,869

Change: -£356 (-0.1%)

Comment: Fixed assets decreased slightly.

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.