Mtludlow Painting And Decorating Contractors Ltd

Key Facts

Net Assets

Current: £5,299

Previous: £9,567

Change: -4,268 (-44.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £17,650

Previous: £29,479

Change: -£11,829 (-40.1%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £20,975

Previous: £3,668

Change: +£17,307 (+471.8%)

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

Net Current Assets Liabilities

Current: £120

Previous: £4,543

Change: -£4,423 (-97.4%)

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

Fixed Assets

Current: £26,394

Previous: £8,692

Change: +£17,702 (+203.7%)

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: 1

Previous: 2

Change: -1 (-50%)

Comment: Lost a team member.