Spanjawel Paints West Midlands Limitedspan

Key Facts

Net Assets

Current: £444,931

Previous: £415,329

Change: +29,602 (+7.1%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £177,043

Previous: £183,616

Change: -£6,573 (-3.6%)

Comment: Current assets decreased slightly.

Cash

Current: £3,894

Previous: £20,029

Change: -£16,135 (-80.6%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £277,428

Previous: £296,145

Change: -£18,717 (-6.3%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £100,385

Previous: £112,529

Change: -£12,144 (-10.8%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £558,931

Previous: £533,318

Change: +£25,613 (+4.8%)

Comment: Fixed assets increased slightly.

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: 17

Previous: 17

Change: +0 (+0%)

Comment: No meaningful change.