Choice Flooring Ltd

Key Facts

Net Assets

Current: £1,500,887

Previous: £1,174,105

Change: +326,782 (+27.8%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £1,571,680

Previous: £1,701,272

Change: -£129,592 (-7.6%)

Comment: Current assets decreased slightly.

Cash

Current: £92,346

Previous: £314,193

Change: -£221,847 (-70.6%)

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

Creditors 1 Year

Current: £1,006,273

Previous: £1,091,961

Change: -£85,688 (-7.8%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £491,828

Previous: £390,005

Change: +£101,823 (+26.1%)

Comment: Net current assets strengthened moderately.

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: 21

Previous: 17

Change: +4 (+23.5%)

Comment: Solid growth.