Sean Reed Painters & Decorators Ltd

Key Facts

Net Assets

Current: £1,038

Previous: £3,094

Change: -2,056 (-66.5%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £6,932

Previous: £11,209

Change: -£4,277 (-38.2%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £7,580

Previous: £11,788

Change: -£4,208 (-35.7%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £349

Previous: £230

Change: +£119 (+51.7%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £1,937

Previous: £3,874

Change: -£1,937 (-50%)

Comment: Fixed assets fell 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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.