Trade Carpet Company Ltd

Key Facts

Net Assets

Current: £233

Previous: £56,906

Change: -56,673 (-99.6%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £75,831

Previous: £131,040

Change: -£55,209 (-42.1%)

Comment: Current assets fell significantly.

Cash

Current: £31,327

Previous: £54,071

Change: -£22,744 (-42.1%)

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

Creditors 1 Year

Current: £80,627

Previous: £81,785

Change: -£1,158 (-1.4%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £4,796

Previous: £49,255

Change: -£44,459 (-90.3%)

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: 4

Previous: 3

Change: +1 (+33.3%)

Comment: Added a helper.