Oriental Carpets & Rugs Limited

Key Facts

Net Assets

Current: £3,568,622

Previous: £3,930,581

Change: -361,959 (-9.2%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £6,218,352

Previous: £6,907,270

Change: -£688,918 (-10%)

Comment: Current assets decreased slightly.

Cash

Current: £76,588

Previous: £310,593

Change: -£234,005 (-75.3%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £1,832,569

Previous: £2,409,323

Change: -£576,754 (-23.9%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £4,385,783

Previous: £4,497,947

Change: -£112,164 (-2.5%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £659,522

Previous: £744,958

Change: -£85,436 (-11.5%)

Comment: Fixed assets reduced noticeably.

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: 24

Previous: 25

Change: -1 (-4%)

Comment: A slight contraction.