The Old Pine Flooring Company Limited

Key Facts

Net Assets

Current: £29,738

Previous: £52,523

Change: -22,785 (-43.4%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £45,392

Previous: £113,790

Change: -£68,398 (-60.1%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £3,968

Previous: £11,893

Change: -£7,925 (-66.6%)

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

Net Current Assets Liabilities

Current: £33,706

Previous: £65,446

Change: -£31,740 (-48.5%)

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

Fixed Assets

Current: £5,970

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.