Veronica Lancaster Paint Palettes & Interiors Ltd

Key Facts

Net Assets

Current: £20,947

Previous: £16,453

Change: +4,494 (+27.3%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £4,837

Previous: £9,645

Change: -£4,808 (-49.8%)

Comment: Current assets fell significantly.

Cash

Current: £1,265

Previous: £915

Change: +£350 (+38.3%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £4,869

Previous: £6,575

Change: -£1,706 (-25.9%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £17,244

Previous: £10,211

Change: +£7,033 (+68.9%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £1,166

Previous: £333

Change: +£833 (+250.2%)

Comment: Fixed assets increased 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: Not reported

Previous: 1

Comment: Not reported