Abbas & Co Accountants Limited

Key Facts

Net Assets

Current: £14,765

Previous: £25,086

Change: -10,321 (-41.1%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £22,027

Previous: £17,713

Change: +£4,314 (+24.4%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £39,573

Previous: £52,968

Change: -£13,395 (-25.3%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £3,062

Previous: £640

Change: +£2,422 (+378.4%)

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

Fixed Assets

Current: £27,870

Previous: £28,522

Change: -£652 (-2.3%)

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.