Rainbow Flooring Limited

Key Facts

Net Assets

Current: £10,788

Previous: £28,378

Change: -17,590 (-62%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £2,931

Previous: £4,047

Change: -£1,116 (-27.6%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £13,961

Previous: £24,634

Change: -£10,673 (-43.3%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £11,030

Previous: £28,681

Change: -£17,651 (-61.5%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £242

Previous: £303

Change: -£61 (-20.1%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.