Changing Hands Cic

Key Facts

Net Assets

Current: £7,497

Previous: £2,754

Change: +4,743 (+172.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £957

Previous: Not reported

Comment: Not reported

Cash

Current: £957

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £9,954

Previous: £4,754

Change: +£5,200 (+109.4%)

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

Net Current Assets Liabilities

Current: £957

Previous: Not reported

Comment: Not reported

Fixed Assets

Current: £1,500

Previous: £2,000

Change: -£500 (-25%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.