The Carpet Shop Newquay Ltd

Key Facts

Net Assets

Current: £84

Previous: £39,032

Change: -38,948 (-99.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £284

Previous: £40,143

Change: -£39,859 (-99.3%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £19,394

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £200

Previous: £1,111

Change: -£911 (-82%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £84

Previous: £39,032

Change: -£38,948 (-99.8%)

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: 1

Previous: 2

Change: -1 (-50%)

Comment: Lost a team member.