Gigacycle Ltd

Key Facts

Net Assets

Current: £49,865

Previous: £93,983

Change: -44,118 (-46.9%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £477,066

Previous: £477,172

Change: -£106 (-0%)

Comment: Current assets decreased slightly.

Cash

Current: £129,104

Previous: £30,351

Change: +£98,753 (+325.4%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £304,180

Previous: £417,064

Change: -£112,884 (-27.1%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £172,886

Previous: £60,108

Change: +£112,778 (+187.6%)

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

Fixed Assets

Current: £27,398

Previous: £33,875

Change: -£6,477 (-19.1%)

Comment: Fixed assets reduced noticeably.

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: 24

Previous: 23

Change: +1 (+4.3%)

Comment: Slight growth.