Griffin Accountants Limited

Key Facts

Net Assets

Current: £1,052

Previous: £76,158

Change: -75,106 (-98.6%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £42,425

Previous: £180,404

Change: -£137,979 (-76.5%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £50

Previous: £1,549

Change: -£1,499 (-96.8%)

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

Creditors 1 Year

Current: £157,344

Previous: £224,170

Change: -£66,826 (-29.8%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £114,919

Previous: £43,766

Change: +£71,153 (+162.6%)

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

Fixed Assets

Current: £133,126

Previous: £138,642

Change: -£5,516 (-4%)

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: 6

Previous: 6

Change: +0 (+0%)

Comment: No change in team size.