Decretech Painting And Decorating Contractors Limited
DECRETECH PAINTING AND DECORATING CONTRACTORS LIMITED·Company no. 09418285·United Kingdom
The Firmwatch take
Decretech Painting And Decorating Contractors Limited (09418285) currently shows: At risk signal detected, based on accounts to 31 March 2022; last refreshed 25 May 2026. Net liabilities of £30k — assets do not cover obligations.
Companies House source·Accounts to 31 Mar 2022·Refreshed 25 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
1 public risk event on file
Incorporated
3 February 2015
11 years on the register
Sector
Painting
SIC 43341
Size
Not classified
Net assets
−£30k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Analytics
Risk, value and sector comparison
Insolvency risk
80/100
critical risk
Estimated public-data value
-£30,494 - £0
low confidence - negative net assets visible value
Sector comparison
Sector: Specialist Trades
Sample: 160 companies
Negative net assets: 18.1%
- Net assets vs sector median
- -£30,830
- Working capital vs sector median
- -£38,441
- Sector median current ratio
- 1.47
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Old accounts
The latest extracted accounts period is more than 30 months old.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Bottom 10% in sector · Sector medians shown for 160 filers in this sector (2022).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£0
Current liabilities
Amounts due within one year (short-term creditors).
£30,494
Working capital
Current assets minus current liabilities.
-£30,494
Median £8k
Fixed assets
Long-term tangible and intangible assets.
£0
Total assets less current liabilities
Fixed assets plus working capital.
-£30,494
Net assets
What's left after liabilities are deducted from assets.
-£30,494
Median £336
Equity (capital & reserves)
Shareholder funds.
-£30,494
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
0.0×
Median 1.5×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.