Premier Carpet Edging Ltd

Key Facts

Net Assets

Current: £31,923

Previous: £8,833

Change: +23,090 (+261.4%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £31,906

Previous: £5,717

Change: +£26,189 (+458.1%)

Comment: Current assets increased significantly.

Cash

Current: £25,918

Previous: £2,072

Change: +£23,846 (+1150.9%)

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

Creditors 1 Year

Current: £16,364

Previous: £948

Change: +£15,416 (+1626.2%)

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

Net Current Assets Liabilities

Current: £15,542

Previous: £4,769

Change: +£10,773 (+225.9%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £16,381

Previous: £4,064

Change: +£12,317 (+303.1%)

Comment: Fixed assets increased 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: 1

Previous: 3

Change: -2 (-66.7%)

Comment: Trimmed the team by 2 people.