Ace Accountants & Tax Consultants Ltd

Company Number: 07243699

Period End: 31st May 2025

Key Facts

Net Assets

Current: £466,489

Previous: £403,198

Change: +63,291 (+15.7%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £147,359

Previous: £104,254

Change: +£43,105 (+41.3%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £55,000

Previous: £55,000

Change: +£0 (+0%)

Comment: No change in short‑term creditors.

Net Current Assets Liabilities

Current: £51,201

Previous: £18,547

Change: +£32,654 (+176.1%)

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

Fixed Assets

Current: £470,288

Previous: £476,745

Change: -£6,457 (-1.4%)

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: 16

Previous: 16

Change: +0 (+0%)

Comment: No meaningful change.