Drs Flooring Ltd

Key Facts

Net Assets

Current: £25,771

Previous: £51,183

Change: -25,412 (-49.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £76,950

Previous: £77,701

Change: -£751 (-1%)

Comment: Current assets decreased slightly.

Cash

Current: £47,436

Previous: £40,837

Change: +£6,599 (+16.2%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £47,775

Previous: £26,391

Change: +£21,384 (+81%)

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

Net Current Assets Liabilities

Current: £29,175

Previous: £51,310

Change: -£22,135 (-43.1%)

Comment: Net current assets fell significantly, reducing 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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.