Gt Flooring Ltd

Key Facts

Net Assets

Current: £7,899

Previous: £28,222

Change: -20,323 (-72%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £21,478

Previous: £23,328

Change: -£1,850 (-7.9%)

Comment: Current assets decreased slightly.

Cash

Current: £220

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £25,000

Previous: £28,040

Change: -£3,040 (-10.8%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £16,053

Previous: £10,470

Change: +£5,583 (+53.3%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £48,952

Previous: £66,732

Change: -£17,780 (-26.6%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.