Horizons Photography Ltd

Key Facts

Net Assets

Current: £28,010

Previous: £40,832

Change: -12,822 (-31.4%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £16,673

Previous: £46,272

Change: -£29,599 (-64%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £9,300

Previous: £10,353

Change: -£1,053 (-10.2%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £16,120

Previous: £29,995

Change: -£13,875 (-46.3%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £22,303

Previous: £22,303

Change: +£0 (+0%)

Comment: No change in fixed assets.

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.