Grace Certified Accountants Ltd

Key Facts

Net Assets

Current: £2,230

Previous: £25,372

Change: -23,142 (-91.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £17,520

Previous: £2,244

Change: +£15,276 (+680.7%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £18,639

Previous: £21,327

Change: -£2,688 (-12.6%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £19,541

Previous: £5,720

Change: +£13,821 (+241.6%)

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

Fixed Assets

Current: £2,036

Previous: £1,675

Change: +£361 (+21.6%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.