Precision Flooring Solutions Ltd

Key Facts

Net Assets

Current: £30,315

Previous: £49,925

Change: -19,610 (-39.3%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £53,796

Previous: £88,737

Change: -£34,941 (-39.4%)

Comment: Current assets fell significantly.

Cash

Current: £27,849

Previous: £63,858

Change: -£36,009 (-56.4%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £25,855

Previous: £44,144

Change: -£18,289 (-41.4%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £27,941

Previous: £44,593

Change: -£16,652 (-37.3%)

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

Fixed Assets

Current: £2,374

Previous: £5,332

Change: -£2,958 (-55.5%)

Comment: Fixed assets fell 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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.