New Era Painting And Decorating Services Ltd

Key Facts

Net Assets

Current: £2,445

Previous: £1,894

Change: +551 (+29.1%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £88,587

Previous: £80,675

Change: +£7,912 (+9.8%)

Comment: Current assets increased slightly.

Cash

Current: £10,940

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £100,687

Previous: £98,899

Change: +£1,788 (+1.8%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £12,100

Previous: £18,224

Change: -£6,124 (-33.6%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £32,189

Previous: £41,973

Change: -£9,784 (-23.3%)

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: 13

Previous: 10

Change: +3 (+30%)

Comment: Strong expansion.