Amco Accountants Ltd

Key Facts

Net Assets

Current: £19,908

Previous: £27,484

Change: -7,576 (-27.6%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £9,708

Previous: £7,549

Change: +£2,159 (+28.6%)

Comment: Current assets grew moderately.

Cash

Current: £6,129

Previous: £6,060

Change: +£69 (+1.1%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £8,550

Previous: £8,189

Change: +£361 (+4.4%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £1,158

Previous: £640

Change: +£518 (+80.9%)

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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.