Michael Paul Accountants Limited

Key Facts

Net Assets

Current: £30,451

Previous: £31,225

Change: -774 (-2.5%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £54,772

Previous: £52,952

Change: +£1,820 (+3.4%)

Comment: Current assets increased slightly.

Cash

Current: £40,114

Previous: £33,597

Change: +£6,517 (+19.4%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £25,892

Previous: £23,377

Change: +£2,515 (+10.8%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £28,880

Previous: £29,575

Change: -£695 (-2.3%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £1,939

Previous: £2,037

Change: -£98 (-4.8%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.