Mhk Accountants Limited

Key Facts

Net Assets

Current: £37,440

Previous: £38,199

Change: -759 (-2%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £52,402

Previous: £53,592

Change: -£1,190 (-2.2%)

Comment: Current assets decreased slightly.

Cash

Current: £18,134

Previous: £31,917

Change: -£13,783 (-43.2%)

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

Creditors 1 Year

Current: £95,758

Previous: £7,617

Change: +£88,141 (+1157.2%)

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

Net Current Assets Liabilities

Current: £43,356

Previous: £37,353

Change: +£6,003 (+16.1%)

Comment: Net current assets strengthened moderately.

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: 3

Previous: 5

Change: -2 (-40%)

Comment: Trimmed the team by 2 people.