Mega Carpets Ltd

Key Facts

Net Assets

Current: £4,869

Previous: £17,484

Change: -12,615 (-72.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £61,289

Previous: £67,471

Change: -£6,182 (-9.2%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £59,675

Previous: £53,957

Change: +£5,718 (+10.6%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £1,614

Previous: £13,514

Change: -£11,900 (-88.1%)

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

Fixed Assets

Current: £3,255

Previous: £3,970

Change: -£715 (-18%)

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: 7

Previous: 6

Change: +1 (+16.7%)

Comment: Added a helper.