Tom Law Photography Ltd

Key Facts

Net Assets

Current: £33,566

Previous: £8,698

Change: +24,868 (+285.9%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £43,763

Previous: £8,743

Change: +£35,020 (+400.5%)

Comment: Current assets increased significantly.

Cash

Current: £28,166

Previous: £8,063

Change: +£20,103 (+249.3%)

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

Creditors 1 Year

Current: £12,340

Previous: £2,226

Change: +£10,114 (+454.4%)

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

Net Current Assets Liabilities

Current: £31,423

Previous: £6,517

Change: +£24,906 (+382.2%)

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

Fixed Assets

Current: £2,143

Previous: £2,181

Change: -£38 (-1.7%)

Comment: Fixed assets decreased slightly.

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