Macs & Co Accountants Ltd

Key Facts

Net Assets

Current: £4,168

Previous: £1,608

Change: +2,560 (+159.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £1,584

Previous: £5,577

Change: -£3,993 (-71.6%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £5,902

Previous: £7,485

Change: -£1,583 (-21.1%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £4,318

Previous: £1,908

Change: +£2,410 (+126.3%)

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

Fixed Assets

Current: £150

Previous: £300

Change: -£150 (-50%)

Comment: Fixed assets fell 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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.