Richardson Decorating Contractors Limited

Key Facts

Net Assets

Current: £371,112

Previous: £283,523

Change: +87,589 (+30.9%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £529,926

Previous: £408,095

Change: +£121,831 (+29.9%)

Comment: Current assets grew moderately.

Cash

Current: £421,601

Previous: £200,818

Change: +£220,783 (+109.9%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £3,508

Previous: £16,731

Change: -£13,223 (-79%)

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

Net Current Assets Liabilities

Current: £312,603

Previous: £243,163

Change: +£69,440 (+28.6%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £71,171

Previous: £66,245

Change: +£4,926 (+7.4%)

Comment: Fixed assets increased 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: 18

Previous: 18

Change: +0 (+0%)

Comment: No meaningful change.