Lillian Gray Accountants Ltd

Key Facts

Net Assets

Current: £363,979

Previous: £450,404

Change: -86,425 (-19.2%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £611,205

Previous: £517,690

Change: +£93,515 (+18.1%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £249,867

Previous: £70,194

Change: +£179,673 (+256%)

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

Net Current Assets Liabilities

Current: £361,338

Previous: £447,496

Change: -£86,158 (-19.3%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £2,641

Previous: £2,908

Change: -£267 (-9.2%)

Comment: Fixed assets decreased slightly.

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: 3

Change: +1 (+33.3%)

Comment: Added a helper.