Sylk Flooring Ltd

Key Facts

Net Assets

Current: £91,387

Previous: £159,953

Change: -68,566 (-42.9%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £263,918

Previous: £315,624

Change: -£51,706 (-16.4%)

Comment: Current assets reduced noticeably.

Cash

Current: £9,861

Previous: £76,349

Change: -£66,488 (-87.1%)

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

Creditors 1 Year

Current: £77,853

Previous: £99,108

Change: -£21,255 (-21.4%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £106,778

Previous: £156,543

Change: -£49,765 (-31.8%)

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

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: 13

Previous: 11

Change: +2 (+18.2%)

Comment: Solid growth.