Sohals Accountants Limited

Key Facts

Net Assets

Current: £270,465

Previous: £260,551

Change: +9,914 (+3.8%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £572,453

Previous: £499,540

Change: +£72,913 (+14.6%)

Comment: Current assets grew moderately.

Cash

Current: £779

Previous: £5,903

Change: -£5,124 (-86.8%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £308,520

Previous: £246,777

Change: +£61,743 (+25%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £263,933

Previous: £252,763

Change: +£11,170 (+4.4%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £6,532

Previous: £7,788

Change: -£1,256 (-16.1%)

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: 8

Previous: 7

Change: +1 (+14.3%)

Comment: Added a helper.