Mclellan Photography Ltd

Key Facts

Net Assets

Current: £95

Previous: £13,212

Change: -13,117 (-99.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £20,641

Previous: £21,364

Change: -£723 (-3.4%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £8,256

Previous: £5,197

Change: +£3,059 (+58.9%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £3,453

Previous: £6,593

Change: -£3,140 (-47.6%)

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

Fixed Assets

Current: £11,804

Previous: £11,816

Change: -£12 (-0.1%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.