The Magnet Agency London Limited

Key Facts

Net Assets

Current: £424,428

Previous: £260,807

Change: +163,621 (+62.7%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £1,165,681

Previous: £1,320,736

Change: -£155,055 (-11.7%)

Comment: Current assets reduced noticeably.

Cash

Current: £735,425

Previous: £794,466

Change: -£59,041 (-7.4%)

Comment: Cash decreased slightly.

Creditors 1 Year

Current: £743,247

Previous: £1,061,896

Change: -£318,649 (-30%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £422,434

Previous: £258,840

Change: +£163,594 (+63.2%)

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

Fixed Assets

Current: Not reported

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: 6

Previous: 5

Change: +1 (+20%)

Comment: Added a helper.