Smithfield Accountants Llp

Key Facts

Net Assets

Current: £66,412

Previous: £80,656

Change: -14,244 (-17.7%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £81,262

Previous: £92,576

Change: -£11,314 (-12.2%)

Comment: Current assets reduced noticeably.

Cash

Current: £52,717

Previous: £43,979

Change: +£8,738 (+19.9%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £15,917

Previous: £13,351

Change: +£2,566 (+19.2%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £65,345

Previous: £79,225

Change: -£13,880 (-17.5%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £1,067

Previous: £1,431

Change: -£364 (-25.4%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.