Lake & Co Flooring Ltd

Key Facts

Net Assets

Current: £43,010

Previous: £20,261

Change: +22,749 (+112.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £86,602

Previous: £53,370

Change: +£33,232 (+62.3%)

Comment: Current assets increased significantly.

Cash

Current: £40,194

Previous: £17,265

Change: +£22,929 (+132.8%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £44,928

Previous: £78,500

Change: -£33,572 (-42.8%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £41,674

Previous: £25,130

Change: +£16,544 (+65.8%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £1,336

Previous: £4,869

Change: -£3,533 (-72.6%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.