Myhill Decorators Limited

Key Facts

Net Assets

Current: £830

Previous: £28,071

Change: -27,241 (-97%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £64,531

Previous: £126,174

Change: -£61,643 (-48.9%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £4,724

Previous: £12,825

Change: -£8,101 (-63.2%)

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

Net Current Assets Liabilities

Current: £9,513

Previous: £49,844

Change: -£40,331 (-80.9%)

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

Fixed Assets

Current: £5,837

Previous: £7,220

Change: -£1,383 (-19.2%)

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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.