Watson Associates Accountants Ltd

Key Facts

Net Assets

Current: £137,679

Previous: £143,182

Change: -5,503 (-3.8%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £152,330

Previous: £176,896

Change: -£24,566 (-13.9%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £15,304

Previous: £34,585

Change: -£19,281 (-55.7%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £137,026

Previous: £142,311

Change: -£5,285 (-3.7%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £653

Previous: £871

Change: -£218 (-25%)

Comment: Fixed assets reduced noticeably.

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: 4

Change: -2 (-50%)

Comment: Trimmed the team by 2 people.