Arc Community Space Cic

Key Facts

Net Assets

Current: £70,072

Previous: £44,375

Change: +25,697 (+57.9%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £30,506

Previous: £30,582

Change: -£76 (-0.2%)

Comment: Current assets decreased slightly.

Cash

Current: £30,506

Previous: £30,582

Change: -£76 (-0.2%)

Comment: Cash decreased slightly.

Creditors 1 Year

Current: £22,639

Previous: £26,345

Change: -£3,706 (-14.1%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £77,657

Previous: £54,007

Change: +£23,650 (+43.8%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £30,224

Previous: £35,977

Change: -£5,753 (-16%)

Comment: Fixed assets reduced noticeably.

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: 6

Previous: 6

Change: +0 (+0%)

Comment: No change in team size.