Taxwise Accountants Ltd

Key Facts

Net Assets

Current: £5,319

Previous: £14,859

Change: -9,540 (-64.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £21,632

Previous: £25,772

Change: -£4,140 (-16.1%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £8,891

Previous: £10,453

Change: -£1,562 (-14.9%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £10,989

Previous: £22,193

Change: -£11,204 (-50.5%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £3,322

Previous: £3,220

Change: +£102 (+3.2%)

Comment: Fixed assets increased slightly.

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: 2

Change: +0 (+0%)

Comment: No change in team size.