Taxassist Accountants Loughborough Ltd

Key Facts

Net Assets

Current: £688

Previous: £9,923

Change: -9,235 (-93.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £36,262

Previous: £45,919

Change: -£9,657 (-21%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £42,485

Previous: £4,167

Change: +£38,318 (+919.6%)

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

Net Current Assets Liabilities

Current: £5,112

Previous: £1,450

Change: +£3,662 (+252.6%)

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

Fixed Assets

Current: £5,800

Previous: £12,640

Change: -£6,840 (-54.1%)

Comment: Fixed assets fell 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: 10

Previous: 10

Change: +0 (+0%)

Comment: No change in team size.