M2 Flooring Services Ltd

Key Facts

Net Assets

Current: £7,098

Previous: £20,691

Change: -13,593 (-65.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £2,476

Previous: £20,254

Change: -£17,778 (-87.8%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £8,869

Previous: £11,413

Change: -£2,544 (-22.3%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £6,424

Previous: £8,841

Change: -£2,417 (-27.3%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £8,195

Previous: £11,850

Change: -£3,655 (-30.8%)

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.