Gem Flooring Limited

Key Facts

Net Assets

Current: £6,544

Previous: £10,479

Change: -3,935 (-37.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £43,273

Previous: £38,165

Change: +£5,108 (+13.4%)

Comment: Current assets grew moderately.

Cash

Current: £8,253

Previous: £11,505

Change: -£3,252 (-28.3%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £13,587

Previous: £38,374

Change: -£24,787 (-64.6%)

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

Net Current Assets Liabilities

Current: £29,686

Previous: £209

Change: +£29,477 (+14103.8%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.