Lazy Carpets Limited

Key Facts

Net Assets

Current: £54,179

Previous: £70,305

Change: -16,126 (-22.9%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £271,300

Previous: £211,364

Change: +£59,936 (+28.4%)

Comment: Current assets grew moderately.

Cash

Current: £82,537

Previous: £90,194

Change: -£7,657 (-8.5%)

Comment: Cash decreased slightly.

Creditors 1 Year

Current: £344,563

Previous: £239,114

Change: +£105,449 (+44.1%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £73,263

Previous: £27,750

Change: +£45,513 (+164%)

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

Fixed Assets

Current: £134,395

Previous: £102,890

Change: +£31,505 (+30.6%)

Comment: Fixed assets increased 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: 5

Previous: 5

Change: +0 (+0%)

Comment: No change in team size.