Music For Mental Wealth Cic

Key Facts

Net Assets

Current: £8,820

Previous: £11,943

Change: -3,123 (-26.1%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £6,700

Previous: £8,700

Change: -£2,000 (-23%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £2,120

Previous: £3,243

Change: -£1,123 (-34.6%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.