Firth Flooring Ltd

Key Facts

Net Assets

Current: £223,443

Previous: £308,048

Change: -84,605 (-27.5%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £198,509

Previous: £274,731

Change: -£76,222 (-27.7%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £499

Previous: £11,021

Change: -£10,522 (-95.5%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £198,010

Previous: £263,710

Change: -£65,700 (-24.9%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £25,433

Previous: £44,338

Change: -£18,905 (-42.6%)

Comment: Fixed assets fell significantly.

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: 1

Previous: 2

Change: -1 (-50%)

Comment: Lost a team member.