The Crown Carpet Companypar Ltd

Key Facts

Net Assets

Current: £52,579

Previous: £108,018

Change: -55,439 (-51.3%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £186,460

Previous: £254,996

Change: -£68,536 (-26.9%)

Comment: Current assets reduced noticeably.

Cash

Current: £62,848

Previous: £108,185

Change: -£45,337 (-41.9%)

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

Creditors 1 Year

Current: £47,100

Previous: £84,000

Change: -£36,900 (-43.9%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £71,731

Previous: £164,939

Change: -£93,208 (-56.5%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £32,282

Previous: £31,085

Change: +£1,197 (+3.9%)

Comment: Fixed assets increased 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: 4

Previous: 5

Change: -1 (-20%)

Comment: Lost a team member.