Modern Painters New Decorators Ltd

Key Facts

Net Assets

Current: £15,828

Previous: £15,999

Change: -171 (-1.1%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £16,052

Previous: £30,327

Change: -£14,275 (-47.1%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £2,989

Previous: £2,300

Change: +£689 (+30%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £15,828

Previous: £28,027

Change: -£12,199 (-43.5%)

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: Not reported

Previous: Not reported

Comment: Not reported