Taxset Accountants Limited

Company Number: 11980739

Period End: 31st May 2025

Key Facts

Net Assets

Current: £26,593

Previous: £19,011

Change: +7,582 (+39.9%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £43,149

Previous: £35,055

Change: +£8,094 (+23.1%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £35,529

Previous: £31,879

Change: +£3,650 (+11.4%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £7,620

Previous: £3,176

Change: +£4,444 (+139.9%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £18,973

Previous: £15,835

Change: +£3,138 (+19.8%)

Comment: Fixed assets grew steadily.

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.