Cornish Accountants Ltd

Key Facts

Net Assets

Current: £301

Previous: £7,793

Change: -7,492 (-96.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £11,002

Previous: £10,599

Change: +£403 (+3.8%)

Comment: Current assets increased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £9,715

Previous: £11,269

Change: -£1,554 (-13.8%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £1,287

Previous: £9,705

Change: -£8,418 (-86.7%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £202

Previous: £269

Change: -£67 (-24.9%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.