Wac & Co Accountants Ltd

Key Facts

Net Assets

Current: £86,541

Previous: £75,322

Change: +11,219 (+14.9%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £171,591

Previous: £115,281

Change: +£56,310 (+48.8%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £18,278

Previous: £7,940

Change: +£10,338 (+130.2%)

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

Net Current Assets Liabilities

Current: £102,738

Previous: £64,276

Change: +£38,462 (+59.8%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £2,081

Previous: £3,106

Change: -£1,025 (-33%)

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: 1

Change: +1 (+100%)

Comment: Added a helper.