Globe Arts Education Cic

Key Facts

Net Assets

Current: £2,997

Previous: £6,685

Change: -3,688 (-55.2%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £28,017

Previous: £21,064

Change: +£6,953 (+33%)

Comment: Current assets increased significantly.

Cash

Current: £15,031

Previous: £2,213

Change: +£12,818 (+579.2%)

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

Creditors 1 Year

Current: £42,281

Previous: £22,394

Change: +£19,887 (+88.8%)

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

Net Current Assets Liabilities

Current: £345

Previous: £5,320

Change: -£4,975 (-93.5%)

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

Fixed Assets

Current: £44,933

Previous: £23,759

Change: +£21,174 (+89.1%)

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.