Spanwestcotes Flooring Company Limitedspan

Key Facts

Net Assets

Current: £3,093,242

Previous: £2,791,010

Change: +302,232 (+10.8%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £4,621,187

Previous: £4,657,609

Change: -£36,422 (-0.8%)

Comment: Current assets decreased slightly.

Cash

Current: £1,930,643

Previous: £949,846

Change: +£980,797 (+103.3%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £1,620,607

Previous: £77,766

Change: +£1,542,841 (+1984%)

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

Net Current Assets Liabilities

Current: £3,000,580

Previous: £2,773,256

Change: +£227,324 (+8.2%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £109,540

Previous: £110,248

Change: -£708 (-0.6%)

Comment: Fixed assets decreased slightly.

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: 31

Previous: 32

Change: -1 (-3.1%)

Comment: A slight contraction.