K2 Flooring Ltd

Key Facts

Net Assets

Current: £5,618

Previous: £5,055

Change: +563 (+11.1%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £64,376

Previous: £59,029

Change: +£5,347 (+9.1%)

Comment: Current assets increased slightly.

Cash

Current: £23,870

Previous: £17,037

Change: +£6,833 (+40.1%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £70,059

Previous: £68,484

Change: +£1,575 (+2.3%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £5,683

Previous: £9,455

Change: -£3,772 (-39.9%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £14,305

Previous: £18,367

Change: -£4,062 (-22.1%)

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: 5

Previous: 5

Change: +0 (+0%)

Comment: No change in team size.