Rees Carpets & Flooring Services Ltd

Key Facts

Net Assets

Current: £59,787

Previous: £60,425

Change: -638 (-1.1%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £123,431

Previous: £179,031

Change: -£55,600 (-31.1%)

Comment: Current assets fell significantly.

Cash

Current: £91,126

Previous: £37,060

Change: +£54,066 (+145.9%)

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

Creditors 1 Year

Current: £134,969

Previous: £205,588

Change: -£70,619 (-34.3%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £11,538

Previous: £26,557

Change: -£15,019 (-56.6%)

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

Fixed Assets

Current: £71,325

Previous: £86,982

Change: -£15,657 (-18%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.