Flooring Gallery Newport Ltd

Key Facts

Net Assets

Current: £18,101

Previous: £12,562

Change: +5,539 (+44.1%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £110,101

Previous: £111,174

Change: -£1,073 (-1%)

Comment: Current assets decreased slightly.

Cash

Current: £3,651

Previous: £4,348

Change: -£697 (-16%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £3,063

Previous: £11,938

Change: -£8,875 (-74.3%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £13,937

Previous: £15,270

Change: -£1,333 (-8.7%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £7,227

Previous: £9,230

Change: -£2,003 (-21.7%)

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: 4

Change: -1 (-25%)

Comment: Lost a team member.