Merit Flooring Limited

Key Facts

Net Assets

Current: £40,017

Previous: £20,545

Change: +19,472 (+94.8%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £80,868

Previous: £53,652

Change: +£27,216 (+50.7%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £41,599

Previous: £33,596

Change: +£8,003 (+23.8%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £39,269

Previous: £20,056

Change: +£19,213 (+95.8%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £748

Previous: £489

Change: +£259 (+53%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.