Mfk Accountants Ltd

Key Facts

Net Assets

Current: £2,054

Previous: £10,922

Change: -8,868 (-81.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £39,810

Previous: £15,753

Change: +£24,057 (+152.7%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £58,120

Previous: £53,396

Change: +£4,724 (+8.8%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £34,615

Previous: £12,398

Change: +£22,217 (+179.2%)

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

Fixed Assets

Current: £25,559

Previous: £30,076

Change: -£4,517 (-15%)

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: 4

Previous: 3

Change: +1 (+33.3%)

Comment: Added a helper.