Shoreline Accountants Ltd

Key Facts

Net Assets

Current: £123,597

Previous: £116,060

Change: +7,537 (+6.5%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £176,838

Previous: £155,915

Change: +£20,923 (+13.4%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £161,147

Previous: £24,565

Change: +£136,582 (+556%)

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

Net Current Assets Liabilities

Current: £5,298

Previous: £37,436

Change: -£32,138 (-85.8%)

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

Fixed Assets

Current: £129,127

Previous: £131,210

Change: -£2,083 (-1.6%)

Comment: Fixed assets decreased slightly.

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: 10

Previous: 11

Change: -1 (-9.1%)

Comment: A slight contraction.