Knights Carpets Ltd

Key Facts

Net Assets

Current: £67,553

Previous: £62,962

Change: +4,591 (+7.3%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £100,655

Previous: £68,697

Change: +£31,958 (+46.5%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £35,797

Previous: £2,291

Change: +£33,506 (+1462.5%)

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

Net Current Assets Liabilities

Current: £64,858

Previous: £46,945

Change: +£17,913 (+38.2%)

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

Fixed Assets

Current: £2,695

Previous: £18,308

Change: -£15,613 (-85.3%)

Comment: Fixed assets fell significantly.

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.