The Reclaimed Flooring Company Ltd

Key Facts

Net Assets

Current: £59,895

Previous: £60,250

Change: -355 (-0.6%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £370,306

Previous: £507,133

Change: -£136,827 (-27%)

Comment: Current assets reduced noticeably.

Cash

Current: £188

Previous: £851

Change: -£663 (-77.9%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £602

Previous: £14,171

Change: -£13,569 (-95.8%)

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

Net Current Assets Liabilities

Current: £19,596

Previous: £32,068

Change: -£12,472 (-38.9%)

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

Fixed Assets

Current: £44,203

Previous: £45,655

Change: -£1,452 (-3.2%)

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: 8

Previous: 8

Change: +0 (+0%)

Comment: No change in team size.