Able Carpets Limited

Key Facts

Net Assets

Current: £123,686

Previous: £194,692

Change: -71,006 (-36.5%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £73,278

Previous: £76,729

Change: -£3,451 (-4.5%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £94,470

Previous: £30,192

Change: +£64,278 (+212.9%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £21,192

Previous: £46,537

Change: -£25,345 (-54.5%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £147,178

Previous: £150,795

Change: -£3,617 (-2.4%)

Comment: Fixed assets decreased 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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.