Sandwells Painting And Decorating Services Ltd

Key Facts

Net Assets

Current: £8,837

Previous: £8,462

Change: +375 (+4.4%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £77,196

Previous: £30,966

Change: +£46,230 (+149.3%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £79,881

Previous: £37,554

Change: +£42,327 (+112.7%)

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

Net Current Assets Liabilities

Current: £2,685

Previous: £6,588

Change: -£3,903 (-59.2%)

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

Fixed Assets

Current: £12,372

Previous: £15,850

Change: -£3,478 (-21.9%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.