Philip Charles Photography Ltd

Key Facts

Net Assets

Current: £7,819

Previous: £1,067

Change: +6,752 (+632.8%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £1,674

Previous: £5,855

Change: -£4,181 (-71.4%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £15,382

Previous: £7,048

Change: +£8,334 (+118.2%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £634

Previous: £4,875

Change: -£4,241 (-87%)

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

Fixed Assets

Current: £6,929

Previous: £1,106

Change: +£5,823 (+526.5%)

Comment: Fixed assets increased 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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.