Browns Solicitors Essex Ltd

Key Facts

Net Assets

Current: £142,190

Previous: £161,087

Change: -18,897 (-11.7%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £173,467

Previous: £175,353

Change: -£1,886 (-1.1%)

Comment: Current assets decreased slightly.

Cash

Current: £32,792

Previous: £38,012

Change: -£5,220 (-13.7%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £33,333

Previous: £16,090

Change: +£17,243 (+107.2%)

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

Net Current Assets Liabilities

Current: £140,134

Previous: £159,263

Change: -£19,129 (-12%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £2,539

Previous: £2,252

Change: +£287 (+12.7%)

Comment: Fixed assets grew steadily.

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: 6

Previous: 5

Change: +1 (+20%)

Comment: Added a helper.