Mendip Hr & Payroll Solutions Limited

Key Facts

Net Assets

Current: £16,205

Previous: £37,347

Change: -21,142 (-56.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £36,619

Previous: £63,739

Change: -£27,120 (-42.5%)

Comment: Current assets fell significantly.

Cash

Current: £17,168

Previous: £32,817

Change: -£15,649 (-47.7%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £21,230

Previous: £26,726

Change: -£5,496 (-20.6%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £15,389

Previous: £37,013

Change: -£21,624 (-58.4%)

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

Fixed Assets

Current: £816

Previous: £334

Change: +£482 (+144.3%)

Comment: Fixed assets increased significantly.

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.