Meridian Impact Cic

Key Facts

Net Assets

Current: £110,131

Previous: £75,800

Change: +34,331 (+45.3%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £2,985,523

Previous: £1,065,615

Change: +£1,919,908 (+180.2%)

Comment: Current assets increased significantly.

Cash

Current: £2,835,886

Previous: £1,013,690

Change: +£1,822,196 (+179.8%)

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

Creditors 1 Year

Current: £2,889,005

Previous: £1,016,074

Change: +£1,872,931 (+184.3%)

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

Net Current Assets Liabilities

Current: £96,518

Previous: £49,541

Change: +£46,977 (+94.8%)

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

Fixed Assets

Current: £13,613

Previous: £26,259

Change: -£12,646 (-48.2%)

Comment: Fixed assets fell 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: 15

Previous: 10

Change: +5 (+50%)

Comment: Strong expansion.