Nextgen Accountants Limited

Key Facts

Net Assets

Current: £2,488

Previous: £6,077

Change: -3,589 (-59.1%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £8,316

Previous: £29,380

Change: -£21,064 (-71.7%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £612

Previous: £6,223

Change: -£5,611 (-90.2%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £5,952

Previous: £24,350

Change: -£18,398 (-75.6%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £2,364

Previous: £5,030

Change: -£2,666 (-53%)

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

Fixed Assets

Current: £124

Previous: £1,047

Change: -£923 (-88.2%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.