Nicholls Accountants Ltd

Key Facts

Net Assets

Current: £6,801

Previous: £6,327

Change: +474 (+7.5%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £6,322

Previous: £6,681

Change: -£359 (-5.4%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £2,105

Previous: £4,231

Change: -£2,126 (-50.2%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £4,217

Previous: £2,450

Change: +£1,767 (+72.1%)

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

Fixed Assets

Current: £2,584

Previous: £3,877

Change: -£1,293 (-33.4%)

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.