Merlins Flooring Contractors Limited

Key Facts

Net Assets

Current: £60,626

Previous: £84,057

Change: -23,431 (-27.9%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £99,340

Previous: £91,836

Change: +£7,504 (+8.2%)

Comment: Current assets increased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £33,617

Previous: £17,447

Change: +£16,170 (+92.7%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £44,535

Previous: £62,967

Change: -£18,432 (-29.3%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £53,793

Previous: £40,881

Change: +£12,912 (+31.6%)

Comment: Fixed assets increased 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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.