Kg Riverside Accountants Ltd

Key Facts

Net Assets

Current: £69,941

Previous: £33,082

Change: +36,859 (+111.4%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £8,965

Previous: £25,521

Change: -£16,556 (-64.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £11,938

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £64,848

Previous: £35,501

Change: +£29,347 (+82.7%)

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

Net Current Assets Liabilities

Current: £55,883

Previous: £9,980

Change: +£45,903 (+459.9%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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.