Azad Carpets & Furniture Ltd

Key Facts

Net Assets

Current: £7,799

Previous: £3,717

Change: +4,082 (+109.8%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £34,127

Previous: £9,613

Change: +£24,514 (+255%)

Comment: Current assets increased significantly.

Cash

Current: £1,752

Previous: £2,484

Change: -£732 (-29.5%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £28,857

Previous: £8,871

Change: +£19,986 (+225.3%)

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

Net Current Assets Liabilities

Current: £5,270

Previous: £742

Change: +£4,528 (+610.2%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £2,529

Previous: £2,975

Change: -£446 (-15%)

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: 3

Previous: 2

Change: +1 (+50%)

Comment: Added a helper.