Arribada Initiative Cic

Key Facts

Net Assets

Current: £65,615

Previous: £26,020

Change: +39,595 (+152.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £59,011

Previous: £51,940

Change: +£7,071 (+13.6%)

Comment: Current assets grew moderately.

Cash

Current: £18,913

Previous: £15,768

Change: +£3,145 (+19.9%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £34,852

Previous: £17,850

Change: +£17,002 (+95.2%)

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

Net Current Assets Liabilities

Current: £95,237

Previous: £39,218

Change: +£56,019 (+142.8%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £5,230

Previous: £4,652

Change: +£578 (+12.4%)

Comment: Fixed assets grew steadily.

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: 5

Change: +0 (+0%)

Comment: No change in team size.