Michael Owens Decorators Limited

Key Facts

Net Assets

Current: £134,959

Previous: £119,313

Change: +15,646 (+13.1%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £268,153

Previous: £223,799

Change: +£44,354 (+19.8%)

Comment: Current assets grew moderately.

Cash

Current: £33,875

Previous: £25,504

Change: +£8,371 (+32.8%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £60,756

Previous: £89,502

Change: -£28,746 (-32.1%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £134,519

Previous: £126,171

Change: +£8,348 (+6.6%)

Comment: Net current assets improved slightly.

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: 9

Previous: 7

Change: +2 (+28.6%)

Comment: Strengthening the team.