Westgrove Painting & Decorating Ltd

Key Facts

Net Assets

Current: £482

Previous: £3,238

Change: -2,756 (-85.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £55,753

Previous: £33,725

Change: +£22,028 (+65.3%)

Comment: Current assets increased significantly.

Cash

Current: £6,725

Previous: £2,902

Change: +£3,823 (+131.7%)

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

Creditors 1 Year

Current: £27,806

Previous: £36,384

Change: -£8,578 (-23.6%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £14,587

Previous: £20,081

Change: -£5,494 (-27.4%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £16,889

Previous: £24,023

Change: -£7,134 (-29.7%)

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.