Area Flooring Limited

Key Facts

Net Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Current Assets

Current: £87,178

Previous: £101,461

Change: -£14,283 (-14.1%)

Comment: Current assets reduced noticeably.

Cash

Current: £1,178

Previous: £15,461

Change: -£14,283 (-92.4%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £203,112

Previous: £188,586

Change: +£14,526 (+7.7%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £115,934

Previous: £87,125

Change: +£28,809 (+33.1%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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