Adams Carpets Ltd

Key Facts

Net Assets

Current: £14,064

Previous: £8,939

Change: +5,125 (+57.3%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £17,756

Previous: £25,965

Change: -£8,209 (-31.6%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £22,262

Previous: £22,974

Change: -£712 (-3.1%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £1,237

Previous: £6,639

Change: -£5,402 (-81.4%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £10,235

Previous: £8,146

Change: +£2,089 (+25.6%)

Comment: Fixed assets grew steadily.

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: Not reported

Comment: Not reported