Mgm Accountants Ltd

Key Facts

Net Assets

Current: £14,234

Previous: £15,254

Change: -1,020 (-6.7%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £36

Previous: £52

Change: -£16 (-30.8%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £14,021

Previous: £15,296

Change: -£1,275 (-8.3%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £212

Previous: £43

Change: +£169 (+393%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £1

Previous: £1

Change: +£0 (+0%)

Comment: No change in fixed assets.

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.