Squires Accountants Limited

Key Facts

Net Assets

Current: £71,035

Previous: £60,334

Change: +10,701 (+17.7%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £6,353

Previous: £25,775

Change: -£19,422 (-75.4%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £2,807

Previous: £17,566

Change: -£14,759 (-84%)

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

Creditors 1 Year

Current: £126,303

Previous: £33,600

Change: +£92,703 (+275.9%)

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

Net Current Assets Liabilities

Current: £198,442

Previous: £944

Change: +£197,498 (+20921.4%)

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

Fixed Assets

Current: £395,780

Previous: £92,990

Change: +£302,790 (+325.6%)

Comment: Fixed assets increased significantly.

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.