Ace Tech Foundation Cic

Key Facts

Net Assets

Current: £9,200

Previous: £16,693

Change: -7,493 (-44.9%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £12,763

Previous: £19,481

Change: -£6,718 (-34.5%)

Comment: Current assets fell significantly.

Cash

Current: £12,763

Previous: £19,481

Change: -£6,718 (-34.5%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £3,563

Previous: £2,788

Change: +£775 (+27.8%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £9,200

Previous: £16,693

Change: -£7,493 (-44.9%)

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

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.