Pay Later Carpets Franchise Ltd

Key Facts

Net Assets

Current: £3,795

Previous: £1,166

Change: +2,629 (+225.5%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £31,266

Previous: £30,730

Change: +£536 (+1.7%)

Comment: Current assets increased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £25,635

Previous: £28,381

Change: -£2,746 (-9.7%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £5,631

Previous: £2,349

Change: +£3,282 (+139.7%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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.