Morden Accountants Ltd

Key Facts

Net Assets

Current: £7,529

Previous: £8,792

Change: -1,263 (-14.4%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £2,533

Previous: £1,920

Change: +£613 (+31.9%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £6,085

Previous: £4,385

Change: +£1,700 (+38.8%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £1,444

Previous: £4,407

Change: -£2,963 (-67.2%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

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: 4

Previous: 3

Change: +1 (+33.3%)

Comment: Added a helper.