Mags On Ramps Cic

Key Facts

Net Assets

Current: £254,448

Previous: £263,697

Change: -9,249 (-3.5%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £20,314

Previous: £11,885

Change: +£8,429 (+70.9%)

Comment: Current assets increased significantly.

Cash

Current: £8,189

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £180,000

Previous: £180,000

Change: +£0 (+0%)

Comment: No change in short‑term creditors.

Net Current Assets Liabilities

Current: £86,801

Previous: £99,137

Change: -£12,336 (-12.4%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £12,353

Previous: £15,440

Change: -£3,087 (-20%)

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: 6

Previous: 6

Change: +0 (+0%)

Comment: No change in team size.