The Fitted Carpet Co Ltd

Key Facts

Net Assets

Current: £8,414

Previous: £21,082

Change: -12,668 (-60.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £38,850

Previous: £48,698

Change: -£9,848 (-20.2%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £59,536

Previous: £4,425

Change: +£55,111 (+1245.4%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £496

Previous: £13,628

Change: -£13,132 (-96.4%)

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

Fixed Assets

Current: £8,910

Previous: £11,879

Change: -£2,969 (-25%)

Comment: Fixed assets reduced noticeably.

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.