Hargreaves & Co Accountants Ltd

Key Facts

Net Assets

Current: £50,842

Previous: £34,628

Change: +16,214 (+46.8%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £68,965

Previous: £67,684

Change: +£1,281 (+1.9%)

Comment: Current assets increased slightly.

Cash

Current: £2,449

Previous: £8,013

Change: -£5,564 (-69.4%)

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

Creditors 1 Year

Current: £195,897

Previous: £195,548

Change: +£349 (+0.2%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £126,932

Previous: £127,864

Change: -£932 (-0.7%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £198,958

Previous: £188,360

Change: +£10,598 (+5.6%)

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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.