Bassetts Accountants Ltd

Key Facts

Net Assets

Current: £237,906

Previous: £222,309

Change: +15,597 (+7%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £381,997

Previous: £450,594

Change: -£68,597 (-15.2%)

Comment: Current assets reduced noticeably.

Cash

Current: £321,929

Previous: £428,443

Change: -£106,514 (-24.9%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £147,531

Previous: £232,558

Change: -£85,027 (-36.6%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £234,466

Previous: £218,036

Change: +£16,430 (+7.5%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £3,440

Previous: £4,273

Change: -£833 (-19.5%)

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: 4

Previous: 3

Change: +1 (+33.3%)

Comment: Added a helper.