L & P Accountants Ltd

Key Facts

Net Assets

Current: £57,165

Previous: £54,294

Change: +2,871 (+5.3%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £74,673

Previous: £73,068

Change: +£1,605 (+2.2%)

Comment: Current assets increased slightly.

Cash

Current: £58,402

Previous: £25,969

Change: +£32,433 (+124.9%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £19,952

Previous: £18,939

Change: +£1,013 (+5.3%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £54,721

Previous: £54,129

Change: +£592 (+1.1%)

Comment: Net current assets improved slightly.

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: 4

Previous: 5

Change: -1 (-20%)

Comment: Lost a team member.