Fresh Beginnings Cheshire Cic

Key Facts

Net Assets

Current: £2,792

Previous: £4,573

Change: -1,781 (-38.9%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £13,532

Previous: £39,695

Change: -£26,163 (-65.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £12,783

Previous: £39,220

Change: -£26,437 (-67.4%)

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

Creditors 1 Year

Current: £11,180

Previous: £35,239

Change: -£24,059 (-68.3%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £2,352

Previous: £4,456

Change: -£2,104 (-47.2%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £440

Previous: £117

Change: +£323 (+276.1%)

Comment: Fixed assets increased 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: 5

Previous: 4

Change: +1 (+25%)

Comment: Added a helper.