Pinecroft Accountants Limited

Key Facts

Net Assets

Current: £1,607

Previous: £175

Change: +1,432 (+818.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £10,881

Previous: £2,995

Change: +£7,886 (+263.3%)

Comment: Current assets increased significantly.

Cash

Current: £10,881

Previous: £2,995

Change: +£7,886 (+263.3%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £10,328

Previous: £4,225

Change: +£6,103 (+144.4%)

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

Net Current Assets Liabilities

Current: £553

Previous: £1,230

Change: -£677 (-55%)

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

Fixed Assets

Current: £1,054

Previous: £1,405

Change: -£351 (-25%)

Comment: Fixed assets reduced noticeably.

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: 3

Change: -1 (-33.3%)

Comment: Lost a team member.