Mccormack Carpets Ltd

Key Facts

Net Assets

Current: £20,841

Previous: £28,597

Change: -7,756 (-27.1%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £33,331

Previous: £35,316

Change: -£1,985 (-5.6%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £13,350

Previous: £8,356

Change: +£4,994 (+59.8%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £19,981

Previous: £26,960

Change: -£6,979 (-25.9%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £2,150

Previous: £2,867

Change: -£717 (-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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.