Philip Gurnhill Accountants Limited

Key Facts

Net Assets

Current: £20,604

Previous: £27,775

Change: -7,171 (-25.8%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £46,235

Previous: £51,258

Change: -£5,023 (-9.8%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £27,543

Previous: £26,354

Change: +£1,189 (+4.5%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £18,692

Previous: £24,904

Change: -£6,212 (-24.9%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £1,912

Previous: £2,871

Change: -£959 (-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.