Neil Hayes Painting & Decorating Limited

Key Facts

Net Assets

Current: £32,507

Previous: £43,276

Change: -10,769 (-24.9%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £113,973

Previous: £32,926

Change: +£81,047 (+246.1%)

Comment: Current assets increased significantly.

Cash

Current: £125

Previous: £5,804

Change: -£5,679 (-97.8%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £34,068

Previous: £49,284

Change: -£15,216 (-30.9%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £47,307

Previous: £24,315

Change: +£22,992 (+94.6%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £113,882

Previous: £116,875

Change: -£2,993 (-2.6%)

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: 12

Previous: 12

Change: +0 (+0%)

Comment: No meaningful change.