North London Accounting Services Ltd

Key Facts

Net Assets

Current: £53,802

Previous: £82,487

Change: -28,685 (-34.8%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £99,111

Previous: £94,665

Change: +£4,446 (+4.7%)

Comment: Current assets increased slightly.

Cash

Current: £76,679

Previous: £58,660

Change: +£18,019 (+30.7%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £92,675

Previous: £53,159

Change: +£39,516 (+74.3%)

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

Net Current Assets Liabilities

Current: £6,436

Previous: £41,506

Change: -£35,070 (-84.5%)

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: 8

Previous: 9

Change: -1 (-11.1%)

Comment: Lost a team member.