Lifeline Nw Cic

Key Facts

Net Assets

Current: £315,375

Previous: £228,249

Change: +87,126 (+38.2%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £674,859

Previous: £384,238

Change: +£290,621 (+75.6%)

Comment: Current assets increased significantly.

Cash

Current: £415,068

Previous: £322,423

Change: +£92,645 (+28.7%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £360,160

Previous: £156,890

Change: +£203,270 (+129.6%)

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

Net Current Assets Liabilities

Current: £314,699

Previous: £227,348

Change: +£87,351 (+38.4%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £676

Previous: £901

Change: -£225 (-25%)

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: 29

Previous: 20

Change: +9 (+45%)

Comment: Strong expansion.