Driven By Us Cic

Key Facts

Net Assets

Current: £332

Previous: £1,994

Change: -1,662 (-83.4%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £11,692

Previous: £10,033

Change: +£1,659 (+16.5%)

Comment: Current assets grew moderately.

Cash

Current: £1,555

Previous: £9,032

Change: -£7,477 (-82.8%)

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

Creditors 1 Year

Current: £11,360

Previous: £12,027

Change: -£667 (-5.5%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £332

Previous: £1,994

Change: -£1,662 (-83.4%)

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

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: Not reported

Previous: Not reported

Comment: Not reported