Mig Decorators Ltd

Key Facts

Net Assets

Current: £23,053

Previous: £20,163

Change: +2,890 (+14.3%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £15,764

Previous: £31,926

Change: -£16,162 (-50.6%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £4,408

Previous: £15,453

Change: -£11,045 (-71.5%)

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

Net Current Assets Liabilities

Current: £20,172

Previous: £16,473

Change: +£3,699 (+22.5%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £2,880

Previous: £3,690

Change: -£810 (-22%)

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.