Galloway Carpet Centre Limited

Key Facts

Net Assets

Current: £25,868

Previous: £14,512

Change: +11,356 (+78.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £26,122

Previous: £24,106

Change: +£2,016 (+8.4%)

Comment: Current assets increased slightly.

Cash

Current: £11,122

Previous: £3,256

Change: +£7,866 (+241.6%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £47,168

Previous: £38,940

Change: +£8,228 (+21.1%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £21,046

Previous: £14,834

Change: +£6,212 (+41.9%)

Comment: Net current assets increased significantly, improving 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: 3

Change: -1 (-33.3%)

Comment: Lost a team member.