Lbfs Accountants Ltd

Key Facts

Net Assets

Current: £172,039

Previous: £79,480

Change: +92,559 (+116.5%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £214,531

Previous: £167,197

Change: +£47,334 (+28.3%)

Comment: Current assets grew moderately.

Cash

Current: £91,588

Previous: £76,308

Change: +£15,280 (+20%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £74,648

Previous: £112,822

Change: -£38,174 (-33.8%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £139,883

Previous: £54,375

Change: +£85,508 (+157.3%)

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

Fixed Assets

Current: £32,156

Previous: £25,105

Change: +£7,051 (+28.1%)

Comment: Fixed assets grew steadily.

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: 10

Previous: 9

Change: +1 (+11.1%)

Comment: Added a helper.