Ask it something

Four questions about Selby Print Ltd, answered from its accounts. Each answer says which sources it read.

anything I should know about my biggest debtor?

Ridgeway Media. £12,400, sixty-eight days out, chased by email twice with no reply.

Companies House shows a charge registered against them in March and their accounts are overdue. A business that has just borrowed against its assets and stopped filing on time is not usually sitting on your invoice by accident.

Your ledger shows the debt and the register shows the borrowing. Neither is alarming alone. Together they change what you do this week.

Past · Accounting Around · Companies House

Read across 2 sources. No single platform holds all of this.

why is headroom where it is?

£45,500 of the £62,800 in the account is tax. VAT of £18,400 due in nine days, corporation tax of £15,800 assessed, and £11,300 accruing on this year.

That leaves £17,300, which is £12,700 under the £30,000 floor you set. First time since I started reading these accounts.

Past · Accounting

will the VAT payment be covered in time?

Not on what is invoiced. The bill is £18,400 in nine days and only £6,400 of the ledger falls due inside that window.

Card income through Stripe has run at £4,100 a fortnight and is down 18% on your twelve week average, so I would not count on it closing the gap. The pipeline has £41,500 weighted but nothing at contract, and nothing there converts to cash in nine days.

The £14,800 sitting past sixty days is the only source that can cover it in time. That is a phone call this week, not a reminder.

Past · Accounting Present · Stripe Future · Pipeline

Read across 3 sources. No single platform holds all of this.

can I afford to hire?

Not at £32,000 on the current position, and the interesting answer is not no.

It is when. After the VAT payment clears and the sixty-day book is collected, headroom is back above the floor with cover. On your own collection history that is about seven weeks.

The pipeline does not change that. £41,500 weighted with nothing at contract is not a hiring case, it is a forecast.

Past · Accounting Future · Pipeline

Read across 2 sources. No single platform holds all of this.