Akaf Property & Lettings Ltd

Key Facts

Net Assets

Current: £936,930

Previous: £1,079,649

Change: -142,719 (-13.2%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £520,640

Previous: £7,195

Change: +£513,445 (+7136.1%)

Comment: Current assets increased significantly.

Cash

Current: £517,839

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £4,277,622

Previous: £6,884,416

Change: -£2,606,794 (-37.9%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £1,051,656

Previous: £12,143

Change: +£1,039,513 (+8560.6%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £6,750,000

Previous: £8,460,000

Change: -£1,710,000 (-20.2%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.