Ryan Mimiec Photography Ltd

Key Facts

Net Assets

Current: £6,523

Previous: £8,696

Change: -2,173 (-25%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £23,416

Previous: £34,144

Change: -£10,728 (-31.4%)

Comment: Current assets fell significantly.

Cash

Current: £17,409

Previous: £28,492

Change: -£11,083 (-38.9%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £7,800

Previous: £20,629

Change: -£12,829 (-62.2%)

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

Net Current Assets Liabilities

Current: £8,912

Previous: £24,165

Change: -£15,253 (-63.1%)

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

Fixed Assets

Current: £5,411

Previous: £5,160

Change: +£251 (+4.9%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.