Omichael & Co Accountants Ltd

Key Facts

Net Assets

Current: £9,422

Previous: £6,510

Change: +2,912 (+44.7%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £14,663

Previous: £26,483

Change: -£11,820 (-44.6%)

Comment: Current assets fell significantly.

Cash

Current: £14,663

Previous: £26,483

Change: -£11,820 (-44.6%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £3,055

Previous: £18,470

Change: -£15,415 (-83.5%)

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

Net Current Assets Liabilities

Current: £12,477

Previous: £24,980

Change: -£12,503 (-50.1%)

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

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: 6

Previous: 6

Change: +0 (+0%)

Comment: No change in team size.