Merlin Carpets Debden Limited

Key Facts

Net Assets

Current: £14,616

Previous: £74,321

Change: -59,705 (-80.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £65,345

Previous: £171,845

Change: -£106,500 (-62%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £57,373

Previous: £121,769

Change: -£64,396 (-52.9%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £9,830

Previous: £55,139

Change: -£45,309 (-82.2%)

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

Fixed Assets

Current: £7,536

Previous: £21,557

Change: -£14,021 (-65%)

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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.