Better Communication Cic

Key Facts

Net Assets

Current: £20,901

Previous: £75,320

Change: -54,419 (-72.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £122,378

Previous: £278,102

Change: -£155,724 (-56%)

Comment: Current assets fell significantly.

Cash

Current: £80,370

Previous: £185,684

Change: -£105,314 (-56.7%)

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

Creditors 1 Year

Current: £144,843

Previous: £6,570

Change: +£138,273 (+2104.6%)

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

Net Current Assets Liabilities

Current: £22,465

Previous: £78,788

Change: -£56,323 (-71.5%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £1,564

Previous: £3,102

Change: -£1,538 (-49.6%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.