Gilpin Photography Limited

Key Facts

Net Assets

Current: £5,949

Previous: £3,599

Change: +2,350 (+65.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £8,173

Previous: £22,101

Change: -£13,928 (-63%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £6,656

Previous: £19,413

Change: -£12,757 (-65.7%)

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

Creditors 1 Year

Current: £6,725

Previous: £5,583

Change: +£1,142 (+20.5%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £1,448

Previous: £16,518

Change: -£15,070 (-91.2%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 2

Change: -1 (-50%)

Comment: Lost a team member.