Drum Happy Cic

Key Facts

Net Assets

Current: £1,803

Previous: £1,452

Change: +351 (+24.2%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £26

Previous: £1,310

Change: -£1,284 (-98%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £26

Previous: £310

Change: -£284 (-91.6%)

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

Creditors 1 Year

Current: £2,754

Previous: £1,814

Change: +£940 (+51.8%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £2,728

Previous: £504

Change: +£2,224 (+441.3%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £925

Previous: £1,956

Change: -£1,031 (-52.7%)

Comment: Fixed assets fell significantly.

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: 1

Change: +0 (+0%)

Comment: No change in team size.