Midi Photography Ltd

Key Facts

Net Assets

Current: £31,733

Previous: £1,867

Change: +29,866 (+1599.7%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £57,181

Previous: £69,184

Change: -£12,003 (-17.3%)

Comment: Current assets reduced noticeably.

Cash

Current: £49,361

Previous: £57,076

Change: -£7,715 (-13.5%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £28,396

Previous: £70,143

Change: -£41,747 (-59.5%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £28,785

Previous: £959

Change: +£27,826 (+2901.6%)

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

Fixed Assets

Current: £2,948

Previous: £2,826

Change: +£122 (+4.3%)

Comment: Fixed assets increased 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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.