Wormald Accountants Ltd

Key Facts

Net Assets

Current: £537,963

Previous: £647,718

Change: -109,755 (-16.9%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £718,001

Previous: £869,913

Change: -£151,912 (-17.5%)

Comment: Current assets reduced noticeably.

Cash

Current: £292,665

Previous: £443,314

Change: -£150,649 (-34%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £180,458

Previous: £222,755

Change: -£42,297 (-19%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £537,543

Previous: £647,158

Change: -£109,615 (-16.9%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: Not reported

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: 7

Previous: 7

Change: +0 (+0%)

Comment: No change in team size.