Mhc Accountants Ltd

Key Facts

Net Assets

Current: £625,249

Previous: £541,524

Change: +83,725 (+15.5%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £206,981

Previous: £286,008

Change: -£79,027 (-27.6%)

Comment: Current assets reduced noticeably.

Cash

Current: £76,005

Previous: £104,882

Change: -£28,877 (-27.5%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £139,082

Previous: £123,052

Change: +£16,030 (+13%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £67,899

Previous: £162,956

Change: -£95,057 (-58.3%)

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

Fixed Assets

Current: £559,975

Previous: £391,585

Change: +£168,390 (+43%)

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: 12

Previous: 12

Change: +0 (+0%)

Comment: No meaningful change.