Russell Heath Accountants Limited

Key Facts

Net Assets

Current: £1,627

Previous: £11,678

Change: -10,051 (-86.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £4,627

Previous: £27,121

Change: -£22,494 (-82.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £3,925

Previous: £1,483

Change: +£2,442 (+164.7%)

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

Creditors 1 Year

Current: £3,000

Previous: £12,443

Change: -£9,443 (-75.9%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £1,627

Previous: £14,678

Change: -£13,051 (-88.9%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: Not reported

Previous: Not reported

Comment: Not reported