Cheerful Links Manchester Limited

Key Facts

Net Assets

Current: £293,802

Previous: £226,229

Change: +67,573 (+29.9%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £1,508,044

Previous: £1,539,846

Change: -£31,802 (-2.1%)

Comment: Current assets decreased slightly.

Cash

Current: £74,395

Previous: £279,341

Change: -£204,946 (-73.4%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £1,296,980

Previous: £1,387,523

Change: -£90,543 (-6.5%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £211,064

Previous: £152,323

Change: +£58,741 (+38.6%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 32

Previous: 25

Change: +7 (+28%)

Comment: Solid growth.