United Carpets Franchisor Limited

Key Facts

Net Assets

Current: £1,006,679

Previous: £1,781,546

Change: -774,867 (-43.5%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £4,372,002

Previous: £5,663,989

Change: -£1,291,987 (-22.8%)

Comment: Current assets reduced noticeably.

Cash

Current: £771,754

Previous: £733,011

Change: +£38,743 (+5.3%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £48,069

Previous: £97,096

Change: -£49,027 (-50.5%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £1,096,331

Previous: £1,350,895

Change: -£254,564 (-18.8%)

Comment: Net current assets weakened noticeably.

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: 66

Previous: 70

Change: -4 (-5.7%)

Comment: A slight contraction.