Octave Accountants Limited

Key Facts

Net Assets

Current: £46,409

Previous: £26,393

Change: +20,016 (+75.8%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £76,666

Previous: £70,149

Change: +£6,517 (+9.3%)

Comment: Current assets increased slightly.

Cash

Current: £875

Previous: £490

Change: +£385 (+78.6%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £52,806

Previous: £44,117

Change: +£8,689 (+19.7%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £23,860

Previous: £26,032

Change: -£2,172 (-8.3%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £22,549

Previous: £361

Change: +£22,188 (+6146.3%)

Comment: Fixed assets increased significantly.

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.