Collins Accountants Limited

Key Facts

Net Assets

Current: £81,313

Previous: £97,829

Change: -16,516 (-16.9%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £338,488

Previous: £421,928

Change: -£83,440 (-19.8%)

Comment: Current assets reduced noticeably.

Cash

Current: £34,086

Previous: £65,977

Change: -£31,891 (-48.3%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £183,980

Previous: £172,720

Change: +£11,260 (+6.5%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £154,508

Previous: £249,208

Change: -£94,700 (-38%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £620,677

Previous: £676,520

Change: -£55,843 (-8.3%)

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: 14

Previous: 13

Change: +1 (+7.7%)

Comment: Slight growth.