Smethwick Carpet Furniture Ware House Ltd

Key Facts

Net Assets

Current: £38,244

Previous: £24,535

Change: +13,709 (+55.9%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £35,021

Previous: £40,022

Change: -£5,001 (-12.5%)

Comment: Current assets reduced noticeably.

Cash

Current: £21

Previous: £22

Change: -£1 (-4.5%)

Comment: Cash decreased slightly.

Creditors 1 Year

Current: £73,265

Previous: £64,557

Change: +£8,708 (+13.5%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £38,244

Previous: £24,535

Change: +£13,709 (+55.9%)

Comment: Net current assets increased significantly, improving short‑term solvency.

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: Not reported

Previous: Not reported

Comment: Not reported