Myfoto School Photography Ltd

Key Facts

Net Assets

Current: £72,170

Previous: £43,919

Change: +28,251 (+64.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £75,002

Previous: £36,664

Change: +£38,338 (+104.6%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £6,176

Previous: £7,403

Change: -£1,227 (-16.6%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £66,172

Previous: £30,697

Change: +£35,475 (+115.6%)

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

Fixed Assets

Current: £21,793

Previous: £26,144

Change: -£4,351 (-16.6%)

Comment: Fixed assets reduced noticeably.

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.