Umar Farooq Photography Ltd

Key Facts

Net Assets

Current: £3,361

Previous: £2,962

Change: +399 (+13.5%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £1,183

Previous: £3,493

Change: -£2,310 (-66.1%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £1,113

Previous: £3,153

Change: -£2,040 (-64.7%)

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

Net Current Assets Liabilities

Current: £379

Previous: £2,693

Change: -£2,314 (-85.9%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £4,095

Previous: £3,422

Change: +£673 (+19.7%)

Comment: Fixed assets grew steadily.

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.