The Accountants Best Friend Ltd

Key Facts

Net Assets

Current: £11,243

Previous: £3,876

Change: +7,367 (+190.1%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £16,809

Previous: £10,421

Change: +£6,388 (+61.3%)

Comment: Current assets increased significantly.

Cash

Current: £12,343

Previous: £7,079

Change: +£5,264 (+74.4%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £6,864

Previous: £7,526

Change: -£662 (-8.8%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £9,945

Previous: £2,895

Change: +£7,050 (+243.5%)

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

Fixed Assets

Current: £1,298

Previous: £981

Change: +£317 (+32.3%)

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: 1

Previous: Not reported

Comment: Not reported