Castle Carpets Morpeth Ltd

Key Facts

Net Assets

Current: £3

Previous: £4,365

Change: -4,362 (-99.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £94,819

Previous: £120,707

Change: -£25,888 (-21.4%)

Comment: Current assets reduced noticeably.

Cash

Current: £65,768

Previous: £92,105

Change: -£26,337 (-28.6%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £22,625

Previous: £38,795

Change: -£16,170 (-41.7%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £17,157

Previous: £6,418

Change: +£10,739 (+167.3%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.