Mgl Flooring & Deco Ltd

Key Facts

Net Assets

Current: £1,355

Previous: £3,701

Change: -2,346 (-63.4%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £2,114

Previous: £6,744

Change: -£4,630 (-68.7%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £2,114

Previous: £6,744

Change: -£4,630 (-68.7%)

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

Creditors 1 Year

Current: £3,469

Previous: £3,043

Change: +£426 (+14%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £2,114

Previous: £6,744

Change: -£4,630 (-68.7%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 2

Change: +0 (+0%)

Comment: No change in team size.