Wards Carpets Limited

Key Facts

Net Assets

Current: £998

Previous: £2,037

Change: -1,039 (-51%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £47,001

Previous: £73,390

Change: -£26,389 (-36%)

Comment: Current assets fell significantly.

Cash

Current: £4,446

Previous: £9,241

Change: -£4,795 (-51.9%)

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

Creditors 1 Year

Current: £24,640

Previous: £29,224

Change: -£4,584 (-15.7%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £20,270

Previous: £15,191

Change: +£5,079 (+33.4%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £46,549

Previous: £47,274

Change: -£725 (-1.5%)

Comment: Fixed assets decreased slightly.

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.