Meadow Vale Carpets Limited

Key Facts

Net Assets

Current: £124

Previous: £51,861

Change: -51,737 (-99.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £84,389

Previous: £141,689

Change: -£57,300 (-40.4%)

Comment: Current assets fell significantly.

Cash

Current: £14,028

Previous: £48,568

Change: -£34,540 (-71.1%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £96,905

Previous: £102,963

Change: -£6,058 (-5.9%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £12,516

Previous: £38,726

Change: -£26,210 (-67.7%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £12,640

Previous: £13,135

Change: -£495 (-3.8%)

Comment: Fixed assets decreased slightly.

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.