Linear Accountants Ltd

Key Facts

Net Assets

Current: £21,552

Previous: £31,324

Change: -9,772 (-31.2%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £161,001

Previous: £156,404

Change: +£4,597 (+2.9%)

Comment: Current assets increased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £140,750

Previous: £126,815

Change: +£13,935 (+11%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £20,251

Previous: £29,589

Change: -£9,338 (-31.6%)

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

Fixed Assets

Current: £1,301

Previous: £1,735

Change: -£434 (-25%)

Comment: Fixed assets reduced noticeably.

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.