Hagan Flooring Limited

Key Facts

Net Assets

Current: £43,709

Previous: £197,796

Change: -154,087 (-77.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £946,507

Previous: £1,178,711

Change: -£232,204 (-19.7%)

Comment: Current assets reduced noticeably.

Cash

Current: £10,897

Previous: £104,050

Change: -£93,153 (-89.5%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £6,179

Previous: £15,651

Change: -£9,472 (-60.5%)

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

Net Current Assets Liabilities

Current: £79,961

Previous: £76,482

Change: +£3,479 (+4.5%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £129,849

Previous: £136,965

Change: -£7,116 (-5.2%)

Comment: Fixed assets decreased slightly.

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: 6

Previous: 7

Change: -1 (-14.3%)

Comment: Lost a team member.