Smithstone Flooring Ltd

Key Facts

Net Assets

Current: £12,098

Previous: £29,528

Change: -17,430 (-59%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £94,878

Previous: £81,137

Change: +£13,741 (+16.9%)

Comment: Current assets grew moderately.

Cash

Current: £42,808

Previous: £32,796

Change: +£10,012 (+30.5%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £92,561

Previous: £65,185

Change: +£27,376 (+42%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £2,317

Previous: £15,952

Change: -£13,635 (-85.5%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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.