Ace Accountants & Tax Consultants Ltd
Company Number: 07243699
Period End: 31st May 2025
Key Facts
Net Assets
Current: £466,489
Previous: £403,198
Change: +63,291 (+15.7%)
Comment: Healthy growth in net assets and liabilities.
Current Assets
Current: £147,359
Previous: £104,254
Change: +£43,105 (+41.3%)
Comment: Current assets increased significantly.
Cash
Current: Not reported
Previous: Not reported
Comment: Not reported
Creditors 1 Year
Current: £55,000
Previous: £55,000
Change: +£0 (+0%)
Comment: No change in short‑term creditors.
Net Current Assets Liabilities
Current: £51,201
Previous: £18,547
Change: +£32,654 (+176.1%)
Comment: Net current assets rose sharply, indicating a strong improvement in working capital.
Fixed Assets
Current: £470,288
Previous: £476,745
Change: -£6,457 (-1.4%)
Comment: Fixed assets decreased slightly.
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: 16
Previous: 16
Change: +0 (+0%)
Comment: No meaningful change.