Motiv8 Lancs Cic

Key Facts

Net Assets

Current: £467,252

Previous: £345,857

Change: +121,395 (+35.1%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £449,574

Previous: £342,238

Change: +£107,336 (+31.4%)

Comment: Current assets increased significantly.

Cash

Current: £449,574

Previous: £342,238

Change: +£107,336 (+31.4%)

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

Creditors 1 Year

Current: £6,892

Previous: £3,321

Change: +£3,571 (+107.5%)

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

Net Current Assets Liabilities

Current: £442,682

Previous: £338,917

Change: +£103,765 (+30.6%)

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

Fixed Assets

Current: £24,570

Previous: £6,940

Change: +£17,630 (+254%)

Comment: Fixed assets increased 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: 4

Previous: 3

Change: +1 (+33.3%)

Comment: Added a helper.