Pauls Discount Carpets Limited

Key Facts

Net Assets

Current: £288

Previous: £187

Change: +101 (+54%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £132,649

Previous: £139,888

Change: -£7,239 (-5.2%)

Comment: Current assets decreased slightly.

Cash

Current: £50,465

Previous: £27,766

Change: +£22,699 (+81.8%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £226,811

Previous: £28,355

Change: +£198,456 (+699.9%)

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

Net Current Assets Liabilities

Current: £94,162

Previous: £60,808

Change: +£33,354 (+54.9%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £94,450

Previous: £91,733

Change: +£2,717 (+3%)

Comment: Fixed assets increased slightly.

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: 5

Previous: 5

Change: +0 (+0%)

Comment: No change in team size.