Spot On Accountants Ltd

Key Facts

Net Assets

Current: £14,661

Previous: £15,631

Change: -970 (-6.2%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £13,003

Previous: £13,188

Change: -£185 (-1.4%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £70,272

Previous: £5,443

Change: +£64,829 (+1191.1%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £1,676

Previous: £8,855

Change: -£7,179 (-81.1%)

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

Fixed Assets

Current: £83,257

Previous: £6,776

Change: +£76,481 (+1128.7%)

Comment: Fixed assets increased significantly.

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: 4

Previous: 3

Change: +1 (+33.3%)

Comment: Added a helper.