Raza & Co Accountants Ltd

Key Facts

Net Assets

Current: £53,415

Previous: £8,707

Change: +44,708 (+513.5%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £6,674

Previous: £22,510

Change: -£15,836 (-70.4%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £6,674

Previous: £7,710

Change: -£1,036 (-13.4%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £50,398

Previous: £35,079

Change: +£15,319 (+43.7%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £57,072

Previous: £12,569

Change: +£44,503 (+354.1%)

Comment: Net current assets rose sharply, indicating a strong improvement 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: 5

Previous: 4.00

Change: +1 (+25%)

Comment: Added a helper.