Platinum Decorators Limited

Key Facts

Net Assets

Current: £10,025

Previous: £20,682

Change: -10,657 (-51.5%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £18,571

Previous: £40,027

Change: -£21,456 (-53.6%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £9,280

Previous: £718

Change: +£8,562 (+1192.5%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £9,291

Previous: £20,274

Change: -£10,983 (-54.2%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £1,745

Previous: £2,326

Change: -£581 (-25%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.