Novus Flooring Limited

Key Facts

Net Assets

Current: £12,378

Previous: £6,288

Change: +6,090 (+96.9%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £69,327

Previous: £21,646

Change: +£47,681 (+220.3%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £67,091

Previous: £27,058

Change: +£40,033 (+148%)

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

Net Current Assets Liabilities

Current: £2,236

Previous: £5,412

Change: -£3,176 (-58.7%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £10,142

Previous: £11,700

Change: -£1,558 (-13.3%)

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: 3

Previous: 4

Change: -1 (-25%)

Comment: Lost a team member.