Spancustom Carpet Company Limitedspan

Key Facts

Net Assets

Current: £57,517

Previous: £168,151

Change: -110,634 (-65.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £154,567

Previous: £241,770

Change: -£87,203 (-36.1%)

Comment: Current assets fell significantly.

Cash

Current: £112,707

Previous: £225,938

Change: -£113,231 (-50.1%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £107,775

Previous: £7,499

Change: +£100,276 (+1337.2%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £46,792

Previous: £159,795

Change: -£113,003 (-70.7%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £10,956

Previous: £15,855

Change: -£4,899 (-30.9%)

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: 5

Previous: 5

Change: +0 (+0%)

Comment: No change in team size.