Grs Accountants Limited

Key Facts

Net Assets

Current: £426

Previous: £13,209

Change: -12,783 (-96.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £12,413

Previous: £31,468

Change: -£19,055 (-60.6%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £14,656

Previous: £11,402

Change: +£3,254 (+28.5%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £2,243

Previous: £20,066

Change: -£17,823 (-88.8%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £2,669

Previous: £1,721

Change: +£948 (+55.1%)

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: 3

Previous: 2

Change: +1 (+50%)

Comment: Added a helper.