Severn Accountants Limited

Key Facts

Net Assets

Current: £7,289

Previous: £7,256

Change: +33 (+0.5%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £3,425

Previous: £4,838

Change: -£1,413 (-29.2%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £1,675

Previous: £3,000

Change: -£1,325 (-44.2%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £2,110

Previous: £5,077

Change: -£2,967 (-58.4%)

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

Fixed Assets

Current: £5,179

Previous: £5,179

Change: +£0 (+0%)

Comment: No change in fixed assets.

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.