Phillips Carpets Limited

Key Facts

Net Assets

Current: £69,611

Previous: £74,951

Change: -5,340 (-7.1%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £99,198

Previous: £91,692

Change: +£7,506 (+8.2%)

Comment: Current assets increased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £10,339

Previous: £20,578

Change: -£10,239 (-49.8%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £26,726

Previous: £26,298

Change: +£428 (+1.6%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £55,644

Previous: £72,587

Change: -£16,943 (-23.3%)

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: 6

Previous: 4

Change: +2 (+50%)

Comment: Strengthening the team.