Studio 56 Photography Limited

Key Facts

Net Assets

Current: £30,746

Previous: £29,499

Change: +1,247 (+4.2%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £54,464

Previous: £65,640

Change: -£11,176 (-17%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £6,362

Previous: £14,135

Change: -£7,773 (-55%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £31,923

Previous: £37,345

Change: -£5,422 (-14.5%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £5,185

Previous: £6,829

Change: -£1,644 (-24.1%)

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.