Morgan Scott Accountants Ltd

Key Facts

Net Assets

Current: £400,908

Previous: £387,098

Change: +13,810 (+3.6%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £192,793

Previous: £201,180

Change: -£8,387 (-4.2%)

Comment: Current assets decreased slightly.

Cash

Current: £42,868

Previous: £46,431

Change: -£3,563 (-7.7%)

Comment: Cash decreased slightly.

Creditors 1 Year

Current: £194,826

Previous: £208,146

Change: -£13,320 (-6.4%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £2,033

Previous: £6,966

Change: -£4,933 (-70.8%)

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

Fixed Assets

Current: £403,922

Previous: £404,309

Change: -£387 (-0.1%)

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: 12

Previous: 12

Change: +0 (+0%)

Comment: No meaningful change.