Lincoln Painting And Decorating Ltd

Key Facts

Net Assets

Current: £97,880

Previous: £84,173

Change: +13,707 (+16.3%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £12,684

Previous: £8,256

Change: +£4,428 (+53.6%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £3,336

Previous: £21,417

Change: -£18,081 (-84.4%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £111,389

Previous: £68,918

Change: +£42,471 (+61.6%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £16,845

Previous: £6,162

Change: +£10,683 (+173.4%)

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: 7

Previous: 7

Change: +0 (+0%)

Comment: No change in team size.