Echo Performing Arts Cic

Key Facts

Net Assets

Current: £719

Previous: £219

Change: +500 (+228.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £9,316

Previous: £9,414

Change: -£98 (-1%)

Comment: Current assets decreased slightly.

Cash

Current: £9,316

Previous: £9,414

Change: -£98 (-1%)

Comment: Cash decreased slightly.

Creditors 1 Year

Current: £10,160

Previous: £9,445

Change: +£715 (+7.6%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £844

Previous: £31

Change: +£813 (+2622.6%)

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

Fixed Assets

Current: £125

Previous: £250

Change: -£125 (-50%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.