246 Photography Ltd

Key Facts

Net Assets

Current: £30

Previous: £10,771

Change: -10,741 (-99.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £8,327

Previous: £28,171

Change: -£19,844 (-70.4%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £9,102

Previous: £10,888

Change: -£1,786 (-16.4%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £7,427

Previous: £19,100

Change: -£11,673 (-61.1%)

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

Fixed Assets

Current: £1,645

Previous: £2,559

Change: -£914 (-35.7%)

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: Not reported

Previous: 1

Comment: Not reported