First Choice Carpets & Flooring Ltd

Key Facts

Net Assets

Current: £400

Previous: £118

Change: +282 (+239%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £17,358

Previous: £20,842

Change: -£3,484 (-16.7%)

Comment: Current assets reduced noticeably.

Cash

Current: £10,825

Previous: £7,227

Change: +£3,598 (+49.8%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £17,507

Previous: £18,441

Change: -£934 (-5.1%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £149

Previous: £2,401

Change: -£2,252 (-93.8%)

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

Fixed Assets

Current: £5,094

Previous: £2,840

Change: +£2,254 (+79.4%)

Comment: Fixed assets increased significantly.

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: 4

Previous: 3

Change: +1 (+33.3%)

Comment: Added a helper.