Summer Richards Photography Ltd

Key Facts

Net Assets

Current: £478

Previous: £658

Change: -180 (-27.4%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £16

Previous: £636

Change: -£620 (-97.5%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £324

Previous: £964

Change: -£640 (-66.4%)

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

Net Current Assets Liabilities

Current: £308

Previous: £328

Change: -£20 (-6.1%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £250

Previous: Not reported

Comment: Not reported

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: Not reported

Previous: Not reported

Comment: Not reported