Katherines Florists Limited

Key Facts

Net Assets

Current: £493,193

Previous: £385,194

Change: +107,999 (+28%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £3,197

Previous: £17,825

Change: -£14,628 (-82.1%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £2,341

Previous: £17,732

Change: -£15,391 (-86.8%)

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

Creditors 1 Year

Current: £10,004

Previous: £3,707

Change: +£6,297 (+169.9%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £6,807

Previous: £111,099

Change: -£104,292 (-93.9%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £500,000

Previous: £500,000

Change: +£0 (+0%)

Comment: No change in fixed assets.

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: 26

Change: -23 (-88.5%)

Comment: A significant downsizing.