F1 Flooring Services Ltd

Key Facts

Net Assets

Current: £21,450

Previous: £74,094

Change: -52,644 (-71.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £43,839

Previous: £117,519

Change: -£73,680 (-62.7%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £7,760

Previous: £19,251

Change: -£11,491 (-59.7%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £26,423

Previous: £42,875

Change: -£16,452 (-38.4%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £17,416

Previous: £74,644

Change: -£57,228 (-76.7%)

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

Fixed Assets

Current: £4,271

Previous: £5,695

Change: -£1,424 (-25%)

Comment: Fixed assets reduced noticeably.

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.