L & M Carpets S O T Limited

Key Facts

Net Assets

Current: £10,587

Previous: £16,960

Change: -6,373 (-37.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £88,738

Previous: £66,088

Change: +£22,650 (+34.3%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £73,794

Previous: £50,232

Change: +£23,562 (+46.9%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £14,944

Previous: £15,856

Change: -£912 (-5.8%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £828

Previous: £1,104

Change: -£276 (-25%)

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.