T Kay Flooring Limited

Key Facts

Net Assets

Current: £14,989

Previous: £59,302

Change: -44,313 (-74.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £42,152

Previous: £119,230

Change: -£77,078 (-64.6%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £41,172

Previous: £79,084

Change: -£37,912 (-47.9%)

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

Creditors 1 Year

Current: £30,913

Previous: £79,619

Change: -£48,706 (-61.2%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £11,239

Previous: £39,611

Change: -£28,372 (-71.6%)

Comment: Net current assets dropped sharply, indicating a major decline 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: 4

Change: -2 (-50%)

Comment: Trimmed the team by 2 people.