S M Painting & Decorating Ltd

Key Facts

Net Assets

Current: £7,703

Previous: £7,749

Change: -46 (-0.6%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £14,668

Previous: £24,361

Change: -£9,693 (-39.8%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £9,346

Previous: £4,200

Change: +£5,146 (+122.5%)

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

Net Current Assets Liabilities

Current: £3,061

Previous: £4,488

Change: -£1,427 (-31.8%)

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

Fixed Assets

Current: £21,290

Previous: £8,601

Change: +£12,689 (+147.5%)

Comment: Fixed assets increased significantly.

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: 4

Previous: 3

Change: +1 (+33.3%)

Comment: Added a helper.