Mills & Co Accountants Nw Ltd

Key Facts

Net Assets

Current: £1,017

Previous: £6,319

Change: -5,302 (-83.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £38,045

Previous: £63,599

Change: -£25,554 (-40.2%)

Comment: Current assets fell significantly.

Cash

Current: £7,727

Previous: £6,944

Change: +£783 (+11.3%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £23,318

Previous: £43,917

Change: -£20,599 (-46.9%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £5,044

Previous: £24,650

Change: -£19,606 (-79.5%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £19,291

Previous: £28,193

Change: -£8,902 (-31.6%)

Comment: Fixed assets fell 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: 1

Previous: 4

Change: -3 (-75%)

Comment: Trimmed the team by 3 people.