M Briggs Carpets Limited

Key Facts

Net Assets

Current: £8,636

Previous: £21,135

Change: -12,499 (-59.1%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £21,048

Previous: £64,146

Change: -£43,098 (-67.2%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £13,017

Previous: £45,845

Change: -£32,828 (-71.6%)

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

Net Current Assets Liabilities

Current: £8,031

Previous: £18,301

Change: -£10,270 (-56.1%)

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

Fixed Assets

Current: £605

Previous: £2,834

Change: -£2,229 (-78.7%)

Comment: Fixed assets fell 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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.