Welwyn Contract Flooring Ltd

Key Facts

Net Assets

Current: £27,646

Previous: £59,429

Change: -31,783 (-53.5%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £48,912

Previous: £91,558

Change: -£42,646 (-46.6%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £43,413

Previous: £10,457

Change: +£32,956 (+315.2%)

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

Net Current Assets Liabilities

Current: £14,344

Previous: £68,739

Change: -£54,395 (-79.1%)

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

Fixed Assets

Current: £1,423

Previous: £1,147

Change: +£276 (+24.1%)

Comment: Fixed assets grew steadily.

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: 1

Change: +0 (+0%)

Comment: No change in team size.