Renaissance Accountants Ltd

Key Facts

Net Assets

Current: £26,955

Previous: £2,030

Change: +24,925 (+1227.8%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £50,264

Previous: £44,990

Change: +£5,274 (+11.7%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £43,731

Previous: £57,765

Change: -£14,034 (-24.3%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £50,264

Previous: £32,294

Change: +£17,970 (+55.6%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £20,422

Previous: £23,441

Change: -£3,019 (-12.9%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.