Paul Smith Photography Limited

Key Facts

Net Assets

Current: £259,249

Previous: £107,132

Change: +152,117 (+142%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £60,670

Previous: £25,095

Change: +£35,575 (+141.8%)

Comment: Current assets increased significantly.

Cash

Current: £44,728

Previous: £21,795

Change: +£22,933 (+105.2%)

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

Creditors 1 Year

Current: £51,539

Previous: £63,112

Change: -£11,573 (-18.3%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £9,131

Previous: £38,017

Change: -£28,886 (-76%)

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

Fixed Assets

Current: £311,249

Previous: £145,149

Change: +£166,100 (+114.4%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.