T Simpson Decorating Limited

Key Facts

Net Assets

Current: £555

Previous: £30,279

Change: -29,724 (-98.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £83,074

Previous: £76,191

Change: +£6,883 (+9%)

Comment: Current assets increased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £83,440

Previous: £46,275

Change: +£37,165 (+80.3%)

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

Net Current Assets Liabilities

Current: £366

Previous: £29,916

Change: -£29,550 (-98.8%)

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

Fixed Assets

Current: £921

Previous: £404

Change: +£517 (+128%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.