Ethstat Ethical Stationery Cic

Key Facts

Net Assets

Current: £69,277

Previous: £174,860

Change: -105,583 (-60.4%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £874,195

Previous: £626,020

Change: +£248,175 (+39.6%)

Comment: Current assets increased significantly.

Cash

Current: £292,364

Previous: £372,219

Change: -£79,855 (-21.5%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £810,669

Previous: £461,853

Change: +£348,816 (+75.5%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £63,526

Previous: £164,167

Change: -£100,641 (-61.3%)

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

Fixed Assets

Current: £5,751

Previous: £10,693

Change: -£4,942 (-46.2%)

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: 15

Previous: 14

Change: +1 (+7.1%)

Comment: Slight growth.