Read Photography Ltd

Key Facts

Net Assets

Current: £2,897

Previous: £2,365

Change: +532 (+22.5%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £3,981

Previous: £6,050

Change: -£2,069 (-34.2%)

Comment: Current assets fell significantly.

Cash

Current: £136

Previous: £2,614

Change: -£2,478 (-94.8%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £8,270

Previous: £10,648

Change: -£2,378 (-22.3%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £4,289

Previous: £4,598

Change: -£309 (-6.7%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £7,186

Previous: £6,963

Change: +£223 (+3.2%)

Comment: Fixed assets increased slightly.

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.