Innovation Interiors Wall Cladding And Flooring Ltd

Key Facts

Net Assets

Current: £277

Previous: £20,672

Change: -20,395 (-98.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £51,246

Previous: £55,118

Change: -£3,872 (-7%)

Comment: Current assets decreased slightly.

Cash

Current: £4,310

Previous: £30,842

Change: -£26,532 (-86%)

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

Creditors 1 Year

Current: £56,446

Previous: £39,234

Change: +£17,212 (+43.9%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £5,200

Previous: £15,884

Change: -£10,684 (-67.3%)

Comment: Net current assets dropped sharply, indicating a major decline 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: 1

Previous: 2

Change: -1 (-50%)

Comment: Lost a team member.