Miftahul Ilm Academy Cic

Key Facts

Net Assets

Current: £34,080

Previous: £7,421

Change: +26,659 (+359.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £7,005

Previous: £27,468

Change: -£20,463 (-74.5%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £4,605

Previous: £27,468

Change: -£22,863 (-83.2%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £39,000

Previous: £39,000

Change: +£0 (+0%)

Comment: No change in short‑term creditors.

Net Current Assets Liabilities

Current: £929

Previous: £26,943

Change: -£26,014 (-96.6%)

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

Fixed Assets

Current: £3,991

Previous: £4,636

Change: -£645 (-13.9%)

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