Cotton Socks Photography Ltd

Key Facts

Net Assets

Current: £620

Previous: £859

Change: -239 (-27.8%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £24,474

Previous: £17,404

Change: +£7,070 (+40.6%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £14,684

Previous: £14,491

Change: +£193 (+1.3%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £9,790

Previous: £2,913

Change: +£6,877 (+236.1%)

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

Fixed Assets

Current: £1,430

Previous: £1,196

Change: +£234 (+19.6%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.