Balanced Life Accountants Ltd

Key Facts

Net Assets

Current: £9,374

Previous: £4,003

Change: +5,371 (+134.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £24,370

Previous: £10,092

Change: +£14,278 (+141.5%)

Comment: Current assets increased significantly.

Cash

Current: £21,255

Previous: £8,154

Change: +£13,101 (+160.7%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £16,135

Previous: £6,733

Change: +£9,402 (+139.6%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £8,235

Previous: £3,359

Change: +£4,876 (+145.2%)

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

Fixed Assets

Current: £1,139

Previous: £644

Change: +£495 (+76.9%)

Comment: Fixed assets increased 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: 2

Previous: Not reported

Comment: Not reported