Cycle Sphere Limited

Key Facts

Net Assets

Current: £2,072

Previous: £2,595

Change: -523 (-20.2%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £7,409

Previous: £45,215

Change: -£37,806 (-83.6%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £7,409

Previous: £6,828

Change: +£581 (+8.5%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £9,481

Previous: £18,978

Change: -£9,497 (-50%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £2,072

Previous: £26,237

Change: -£24,165 (-92.1%)

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

Fixed Assets

Current: £1,031

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: 1

Previous: 3

Change: -2 (-66.7%)

Comment: Trimmed the team by 2 people.