Academy Photography Ltd

Key Facts

Net Assets

Current: £205,639

Previous: £329,739

Change: -124,100 (-37.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £13,325

Previous: £114,658

Change: -£101,333 (-88.4%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £388

Previous: £93,646

Change: -£93,258 (-99.6%)

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

Creditors 1 Year

Current: £96,501

Previous: £90,515

Change: +£5,986 (+6.6%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £83,176

Previous: £24,143

Change: +£59,033 (+244.5%)

Comment: Net current assets rose sharply, indicating a strong improvement 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: 25

Previous: 25

Change: +0 (+0%)

Comment: No meaningful change.