Tyne Carpets & Flooring Limited

Key Facts

Net Assets

Current: £193,498

Previous: £250,608

Change: -57,110 (-22.8%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £555,730

Previous: £580,965

Change: -£25,235 (-4.3%)

Comment: Current assets decreased slightly.

Cash

Current: £168,157

Previous: £294,894

Change: -£126,737 (-43%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £439,010

Previous: £430,863

Change: +£8,147 (+1.9%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £116,720

Previous: £150,102

Change: -£33,382 (-22.2%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £77,057

Previous: £105,289

Change: -£28,232 (-26.8%)

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: 9

Previous: 10

Change: -1 (-10%)

Comment: Lost a team member.