London Carpet Studio Ltd

Key Facts

Net Assets

Current: £11,656

Previous: £15,492

Change: -3,836 (-24.8%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £33,207

Previous: £25,424

Change: +£7,783 (+30.6%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £23,331

Previous: £10,597

Change: +£12,734 (+120.2%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £9,876

Previous: £14,827

Change: -£4,951 (-33.4%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £1,780

Previous: £665

Change: +£1,115 (+167.7%)

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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.