A Smith Accountants Limited

Key Facts

Net Assets

Current: £20,907

Previous: £8,396

Change: +12,511 (+149%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £28,818

Previous: £13,032

Change: +£15,786 (+121.1%)

Comment: Current assets increased significantly.

Cash

Current: £21,606

Previous: £9,172

Change: +£12,434 (+135.6%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £8,715

Previous: £5,020

Change: +£3,695 (+73.6%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £20,103

Previous: £8,012

Change: +£12,091 (+150.9%)

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

Fixed Assets

Current: £992

Previous: £474

Change: +£518 (+109.3%)

Comment: Fixed assets increased 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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.