Tax Essential Accountants Ltd

Key Facts

Net Assets

Current: £5,450

Previous: £10,450

Change: -5,000 (-47.8%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £37,736

Previous: £33,748

Change: +£3,988 (+11.8%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £7,877

Previous: £9,628

Change: -£1,751 (-18.2%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £8,326

Previous: £10,077

Change: -£1,751 (-17.4%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £5,001

Previous: £10,001

Change: -£5,000 (-50%)

Comment: Fixed assets fell 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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.