South East Painting & Decorating Ltd

Key Facts

Net Assets

Current: £2,357

Previous: £1,245

Change: +1,112 (+89.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £40,601

Previous: £18,564

Change: +£22,037 (+118.7%)

Comment: Current assets increased significantly.

Cash

Current: £410

Previous: £562

Change: -£152 (-27%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £41,010

Previous: £23,497

Change: +£17,513 (+74.5%)

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

Net Current Assets Liabilities

Current: £409

Previous: £4,933

Change: -£4,524 (-91.7%)

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

Fixed Assets

Current: £2,766

Previous: £3,688

Change: -£922 (-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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.