First Base Accountants Ltd

Key Facts

Net Assets

Current: £485,224

Previous: £446,049

Change: +39,175 (+8.8%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £131,624

Previous: £105,970

Change: +£25,654 (+24.2%)

Comment: Current assets grew moderately.

Cash

Current: £81,746

Previous: £60,445

Change: +£21,301 (+35.2%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £100,354

Previous: £102,996

Change: -£2,642 (-2.6%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £31,270

Previous: £2,974

Change: +£28,296 (+951.4%)

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

Fixed Assets

Current: £461,402

Previous: £460,555

Change: +£847 (+0.2%)

Comment: Fixed assets increased 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: 4

Previous: 5

Change: -1 (-20%)

Comment: Lost a team member.