Phil Smyth Photography Limited

Key Facts

Net Assets

Current: £6,897

Previous: £2,836

Change: +4,061 (+143.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £24,561

Previous: £20,145

Change: +£4,416 (+21.9%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £18,993

Previous: £19,081

Change: -£88 (-0.5%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £5,568

Previous: £1,064

Change: +£4,504 (+423.3%)

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

Fixed Assets

Current: £1,329

Previous: £1,772

Change: -£443 (-25%)

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.