Merseyside Alliance For Racial Equality Community Interest Company

Key Facts

Net Assets

Current: £164

Previous: £1,866

Change: -1,702 (-91.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £584

Previous: £406

Change: +£178 (+43.8%)

Comment: Current assets increased significantly.

Cash

Current: £584

Previous: £406

Change: +£178 (+43.8%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £600

Previous: £2,472

Change: -£1,872 (-75.7%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £16

Previous: £2,066

Change: -£2,050 (-99.2%)

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

Fixed Assets

Current: £180

Previous: £200

Change: -£20 (-10%)

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: Not reported

Previous: Not reported

Comment: Not reported