Ibis Furniture & Carpets Ltd

Key Facts

Net Assets

Current: £271

Previous: £5,005

Change: -4,734 (-94.6%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Cash

Current: £39,603

Previous: £32,535

Change: +£7,068 (+21.7%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £41,743

Previous: £40,809

Change: +£934 (+2.3%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £2,140

Previous: £8,274

Change: -£6,134 (-74.1%)

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

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.