Vincent & Co Accountants Limited

Key Facts

Net Assets

Current: £141,755

Previous: £456,984

Change: -315,229 (-69%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £142,372

Previous: £250,427

Change: -£108,055 (-43.1%)

Comment: Current assets fell significantly.

Cash

Current: £137,195

Previous: £135,031

Change: +£2,164 (+1.6%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £617

Previous: £178,942

Change: -£178,325 (-99.7%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £141,755

Previous: £71,485

Change: +£70,270 (+98.3%)

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

Fixed Assets

Current: £407,382

Previous: Not reported

Comment: Not reported

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: 8

Previous: 10

Change: -2 (-20%)

Comment: Trimmed the team by 2 people.