Lancashire Accountants Ltd

Key Facts

Net Assets

Current: £5,308

Previous: £808

Change: +4,500 (+556.9%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £11,802

Previous: £17,712

Change: -£5,910 (-33.4%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £6,540

Previous: £8,028

Change: -£1,488 (-18.5%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £5,289

Previous: £9,750

Change: -£4,461 (-45.8%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £1,907

Previous: £2,244

Change: -£337 (-15%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.