Wellman Photography Limited

Key Facts

Net Assets

Current: £180

Previous: £1,949

Change: -1,769 (-90.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £2,282

Previous: £6,355

Change: -£4,073 (-64.1%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £1,063

Previous: £6,355

Change: -£5,292 (-83.3%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £2,102

Previous: £3,480

Change: -£1,378 (-39.6%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £180

Previous: £2,875

Change: -£2,695 (-93.7%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £384

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.