# M & G DECORATORS LIMITED (04868334)

> M & G DECORATORS LIMITED is an active private limited company (company number 04868334) incorporated on 15 August 2003, registered in Hastings. Its registered activity is painting (SIC 43341). Latest small accounts cover the period ending 31 March 2026, showing net assets of £2 and cash of £0, with 1 employee on average. Net assets fell 100% on the prior period (£1,481). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2003-08-15
- Registered office: Hastings, TN35 4BJ
- SIC 43341: Painting
- Next accounts due: 2027-12-31
- Confirmation statement due: 2027-08-29
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 261 comparable companies in Kent (median £5,153, upper quartile £28k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | £2 | £0 | £1,321 | £2,612 | — | — | 1 |
| 2025-03-31 | £1,481 | £12k | £455 | — | — | — | 2 |
| 2024-03-31 | £2,697 | £16k | £851 | — | — | — | 2 |

current ratio 0.51; net assets trend falling; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £2 at 31 March 2026
- Net assets down 25% or more on the prior period: -99.9% vs prior period
- Current assets below creditors within one year: Current ratio 0.51
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 15 August 2003

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Paul Melvin Gausden — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-08-15

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/04868334
HTML: https://firmoscan.com/company/04868334-m-g-decorators-limited