Quality First Decorators Ltd

Key Facts

Net Assets

Current: £3,037

Previous: £17,571

Change: -14,534 (-82.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £19,311

Previous: £33,142

Change: -£13,831 (-41.7%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £16,810

Previous: £16,287

Change: +£523 (+3.2%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £2,501

Previous: £16,855

Change: -£14,354 (-85.2%)

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

Fixed Assets

Current: £536

Previous: £716

Change: -£180 (-25.1%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.