Magic Wedding Services Ltd

Key Facts

Net Assets

Current: £11,528

Previous: £10,709

Change: +819 (+7.6%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £20,845

Previous: £27,878

Change: -£7,033 (-25.2%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £28,595

Previous: £28,401

Change: +£194 (+0.7%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £8,041

Previous: £16,173

Change: -£8,132 (-50.3%)

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

Fixed Assets

Current: £32,682

Previous: £22,937

Change: +£9,745 (+42.5%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.