In Spire Sounds Cic

Key Facts

Net Assets

Current: £7,974

Previous: £11,160

Change: -3,186 (-28.5%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £57,188

Previous: £49,761

Change: +£7,427 (+14.9%)

Comment: Current assets grew moderately.

Cash

Current: £50,997

Previous: £49,533

Change: +£1,464 (+3%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £62,230

Previous: £50,422

Change: +£11,808 (+23.4%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £5,042

Previous: £661

Change: +£4,381 (+662.8%)

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

Fixed Assets

Current: £13,016

Previous: £11,821

Change: +£1,195 (+10.1%)

Comment: Fixed assets grew steadily.

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: 3

Previous: 2

Change: +1 (+50%)

Comment: Added a helper.