Studio Mag London Limited

Key Facts

Net Assets

Current: £43,924

Previous: £34,906

Change: +9,018 (+25.8%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £1,601

Previous: £2,350

Change: -£749 (-31.9%)

Comment: Current assets fell significantly.

Cash

Current: £5,601

Previous: £2,095

Change: +£3,506 (+167.4%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £44,124

Previous: £39,375

Change: +£4,749 (+12.1%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £45,725

Previous: £37,025

Change: +£8,700 (+23.5%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £1,801

Previous: £2,119

Change: -£318 (-15%)

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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.