African Activities Cic

Key Facts

Net Assets

Current: £11,297

Previous: £12,386

Change: -1,089 (-8.8%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £38,019

Previous: £19,213

Change: +£18,806 (+97.9%)

Comment: Current assets increased significantly.

Cash

Current: £5,508

Previous: £490

Change: +£5,018 (+1024.1%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £1,782

Previous: £6,546

Change: -£4,764 (-72.8%)

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

Net Current Assets Liabilities

Current: £18,923

Previous: £21,394

Change: -£2,471 (-11.5%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £11,615

Previous: £18,050

Change: -£6,435 (-35.7%)

Comment: Fixed assets fell significantly.

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: 5

Previous: 4

Change: +1 (+25%)

Comment: Added a helper.