1968 Photography Ltd

Key Facts

Net Assets

Current: £2,109

Previous: £19,802

Change: -17,693 (-89.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £4,279

Previous: £23,670

Change: -£19,391 (-81.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £1,602

Previous: £4,170

Change: -£2,568 (-61.6%)

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

Net Current Assets Liabilities

Current: £754

Previous: £19,500

Change: -£18,746 (-96.1%)

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

Fixed Assets

Current: £247

Previous: £302

Change: -£55 (-18.2%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.