Keytax Accountants Ltd

Key Facts

Net Assets

Current: £131,270

Previous: £139,929

Change: -8,659 (-6.2%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £510,920

Previous: £461,629

Change: +£49,291 (+10.7%)

Comment: Current assets grew moderately.

Cash

Current: £3,232

Previous: £10,962

Change: -£7,730 (-70.5%)

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

Creditors 1 Year

Current: £43,370

Previous: £59,261

Change: -£15,891 (-26.8%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £163,351

Previous: £193,667

Change: -£30,316 (-15.7%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £11,822

Previous: £5,729

Change: +£6,093 (+106.4%)

Comment: Fixed assets increased significantly.

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: 14

Previous: 12

Change: +2 (+16.7%)

Comment: Solid growth.