West & Co Accountants Limited

Key Facts

Net Assets

Current: £1,849

Previous: £89,988

Change: -88,139 (-97.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £142,500

Previous: £167,013

Change: -£24,513 (-14.7%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £50,668

Previous: £1,411

Change: +£49,257 (+3490.9%)

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

Net Current Assets Liabilities

Current: £49,842

Previous: £88,542

Change: -£38,700 (-43.7%)

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

Fixed Assets

Current: £3,309

Previous: £3,394

Change: -£85 (-2.5%)

Comment: Fixed assets decreased 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: 8

Previous: 10

Change: -2 (-20%)

Comment: Trimmed the team by 2 people.