Sorrell Decorators Limited

Key Facts

Net Assets

Current: £415

Previous: £24,648

Change: -24,233 (-98.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £27,678

Previous: £26,628

Change: +£1,050 (+3.9%)

Comment: Current assets increased slightly.

Cash

Current: £22,415

Previous: £22,401

Change: +£14 (+0.1%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £28,093

Previous: £51,276

Change: -£23,183 (-45.2%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £415

Previous: £24,648

Change: -£24,233 (-98.3%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 3

Previous: 2

Change: +1 (+50%)

Comment: Added a helper.