S & G Carpets Limited

Key Facts

Net Assets

Current: £102,411

Previous: £122,120

Change: -19,709 (-16.1%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £106,188

Previous: £126,373

Change: -£20,185 (-16%)

Comment: Current assets reduced noticeably.

Cash

Current: £416

Previous: £3,288

Change: -£2,872 (-87.3%)

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

Creditors 1 Year

Current: £44,257

Previous: £63,195

Change: -£18,938 (-30%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £37,258

Previous: £9,670

Change: +£27,588 (+285.3%)

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

Fixed Assets

Current: £191,078

Previous: £205,012

Change: -£13,934 (-6.8%)

Comment: Fixed assets decreased slightly.

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: 6

Previous: 7

Change: -1 (-14.3%)

Comment: Lost a team member.