Reform Flooring Ltd

Key Facts

Net Assets

Current: £44,320

Previous: £81,059

Change: -36,739 (-45.3%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £121,305

Previous: £268,942

Change: -£147,637 (-54.9%)

Comment: Current assets fell significantly.

Cash

Current: £51,760

Previous: £197,430

Change: -£145,670 (-73.8%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £87,866

Previous: £213,348

Change: -£125,482 (-58.8%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £33,439

Previous: £55,594

Change: -£22,155 (-39.9%)

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

Fixed Assets

Current: £16,128

Previous: £33,953

Change: -£17,825 (-52.5%)

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: 10

Previous: 13

Change: -3 (-23.1%)

Comment: A noticeable staff reduction.