Hertfordshire Carpets And Flooring Ltd

Key Facts

Net Assets

Current: £600

Previous: £20,000

Change: -19,400 (-97%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £46,000

Previous: £61,000

Change: -£15,000 (-24.6%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £20,000

Previous: £40,000

Change: -£20,000 (-50%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £16,000

Previous: £57,000

Change: -£41,000 (-71.9%)

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

Fixed Assets

Current: £5,000

Previous: £3,500

Change: +£1,500 (+42.9%)

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: 2

Change: +2 (+100%)

Comment: Strengthening the team.