Mema Management Accountants Ltd

Key Facts

Net Assets

Current: £5,802

Previous: £3,060

Change: +2,742 (+89.6%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £293

Previous: £3,629

Change: -£3,336 (-91.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £293

Previous: £346

Change: -£53 (-15.3%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £2,583

Previous: £2,808

Change: -£225 (-8%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £3,219

Previous: £252

Change: +£2,967 (+1177.4%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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.