Sial Accountants & Tax Advisers Ltd

Key Facts

Net Assets

Current: £45,915

Previous: £62,040

Change: -16,125 (-26%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £45,236

Previous: £139,702

Change: -£94,466 (-67.6%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £4,190

Previous: £11,704

Change: -£7,514 (-64.2%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £9,353

Previous: £28,596

Change: -£19,243 (-67.3%)

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

Fixed Assets

Current: £40,752

Previous: £45,148

Change: -£4,396 (-9.7%)

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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.