Kings Oak Accountancy Somerset Ltd

Key Facts

Net Assets

Current: £32

Previous: £1,933

Change: -1,900 (-98.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £21,489

Previous: £22,896

Change: -£1,407 (-6.1%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £22,954

Previous: £22,569

Change: +£385 (+1.7%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £953

Previous: £903

Change: +£49 (+5.5%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £1,085

Previous: £1,130

Change: -£45 (-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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.