1st Cloud Accountants Limited

Key Facts

Net Assets

Current: £154,818

Previous: £136,192

Change: +18,626 (+13.7%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £279,921

Previous: £220,454

Change: +£59,467 (+27%)

Comment: Current assets grew moderately.

Cash

Current: £97,272

Previous: £62,107

Change: +£35,165 (+56.6%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £162,518

Previous: £148,433

Change: +£14,085 (+9.5%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £117,403

Previous: £72,021

Change: +£45,382 (+63%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £43,403

Previous: £80,481

Change: -£37,078 (-46.1%)

Comment: Fixed assets fell significantly.

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: 18

Previous: 18

Change: +0 (+0%)

Comment: No meaningful change.