Lac Flooring Limited

Key Facts

Net Assets

Current: £2,372

Previous: £9,965

Change: -7,593 (-76.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £4,601

Previous: £11,884

Change: -£7,283 (-61.3%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £9,262

Previous: £7,813

Change: +£1,449 (+18.5%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £4,661

Previous: £4,071

Change: +£590 (+14.5%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £7,033

Previous: £5,894

Change: +£1,139 (+19.3%)

Comment: Fixed assets grew steadily.

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.