Fta Accountants Ltd

Key Facts

Net Assets

Current: £45,535

Previous: £38,893

Change: +6,642 (+17.1%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £10,181

Previous: £10,479

Change: -£298 (-2.8%)

Comment: Current assets decreased slightly.

Cash

Current: £181

Previous: £479

Change: -£298 (-62.2%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £34,425

Previous: £25,159

Change: +£9,266 (+36.8%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £24,244

Previous: £14,680

Change: +£9,564 (+65.1%)

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

Fixed Assets

Current: £8,260

Previous: £9,733

Change: -£1,473 (-15.1%)

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.