Blackhorse Workshop Cic

Key Facts

Net Assets

Current: £48,506

Previous: £57,262

Change: -8,756 (-15.3%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £59,322

Previous: £85,671

Change: -£26,349 (-30.8%)

Comment: Current assets fell significantly.

Cash

Current: £41,336

Previous: £50,027

Change: -£8,691 (-17.4%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £56,393

Previous: £6,741

Change: +£49,652 (+736.6%)

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

Net Current Assets Liabilities

Current: £2,929

Previous: £6,345

Change: -£3,416 (-53.8%)

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

Fixed Assets

Current: £45,577

Previous: £57,658

Change: -£12,081 (-21%)

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: 19

Previous: 24

Change: -5 (-20.8%)

Comment: A noticeable staff reduction.