Advance Flooring Solutions Ltd

Key Facts

Net Assets

Current: £2,231,882

Previous: £3,215,517

Change: -983,635 (-30.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £5,674,190

Previous: £6,782,513

Change: -£1,108,323 (-16.3%)

Comment: Current assets reduced noticeably.

Cash

Current: £1,655,381

Previous: £2,569,091

Change: -£913,710 (-35.6%)

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

Creditors 1 Year

Current: £3,885,719

Previous: £3,856,486

Change: +£29,233 (+0.8%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £1,788,471

Previous: £2,926,027

Change: -£1,137,556 (-38.9%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

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: 25

Previous: 25

Change: +0 (+0%)

Comment: No meaningful change.