Folkactive Cic

Key Facts

Net Assets

Current: £7,079

Previous: £4,290

Change: +2,789 (+65%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £2,632

Previous: £7,159

Change: -£4,527 (-63.2%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £2,423

Previous: £7,159

Change: -£4,736 (-66.2%)

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

Creditors 1 Year

Current: £8,952

Previous: £9,873

Change: -£921 (-9.3%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £2,548

Previous: £7,159

Change: -£4,611 (-64.4%)

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