Morgans Photography Ltd

Key Facts

Net Assets

Current: £21,737

Previous: £551

Change: +21,186 (+3845%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £123,391

Previous: £89,104

Change: +£34,287 (+38.5%)

Comment: Current assets increased significantly.

Cash

Current: £30,788

Previous: £19,098

Change: +£11,690 (+61.2%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £95,021

Previous: £74,906

Change: +£20,115 (+26.9%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £28,370

Previous: £14,198

Change: +£14,172 (+99.8%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.