Ahmad & Co Accountants Ltd

Key Facts

Net Assets

Current: £24,154

Previous: £11,705

Change: +12,449 (+106.4%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £117,899

Previous: £59,887

Change: +£58,012 (+96.9%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £98,769

Previous: £54,670

Change: +£44,099 (+80.7%)

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

Net Current Assets Liabilities

Current: £19,130

Previous: £5,217

Change: +£13,913 (+266.7%)

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

Fixed Assets

Current: £5,190

Previous: £6,488

Change: -£1,298 (-20%)

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: 3

Previous: 1

Change: +2 (+200%)

Comment: Strengthening the team.