Kumar & Co Accountants Ltd

Key Facts

Net Assets

Current: £301,196

Previous: £362,234

Change: -61,038 (-16.9%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £291,674

Previous: £376,721

Change: -£85,047 (-22.6%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £83,591

Previous: £25,433

Change: +£58,158 (+228.7%)

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

Net Current Assets Liabilities

Current: £211,833

Previous: £282,994

Change: -£71,161 (-25.1%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £89,363

Previous: £104,673

Change: -£15,310 (-14.6%)

Comment: Fixed assets reduced noticeably.

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: 7

Previous: 4

Change: +3 (+75%)

Comment: Growing the team by 3 people.