Ada Accountants Ltd

Key Facts

Net Assets

Current: £72,170

Previous: £53,163

Change: +19,007 (+35.8%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £95,193

Previous: £67,962

Change: +£27,231 (+40.1%)

Comment: Current assets increased significantly.

Cash

Current: £54,877

Previous: £25,293

Change: +£29,584 (+117%)

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

Creditors 1 Year

Current: £29,206

Previous: £35,327

Change: -£6,121 (-17.3%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £76,602

Previous: £55,458

Change: +£21,144 (+38.1%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £24,774

Previous: £33,032

Change: -£8,258 (-25%)

Comment: Fixed assets reduced noticeably.

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: 8

Previous: 7

Change: +1 (+14.3%)

Comment: Added a helper.