Myrrh Tree Uk Cic

Key Facts

Net Assets

Current: £6,086

Previous: £1,810

Change: +4,276 (+236.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £14,630

Previous: £4,582

Change: +£10,048 (+219.3%)

Comment: Current assets increased significantly.

Cash

Current: £14,630

Previous: £4,582

Change: +£10,048 (+219.3%)

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

Creditors 1 Year

Current: £7,199

Previous: £3,673

Change: +£3,526 (+96%)

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

Net Current Assets Liabilities

Current: £10,785

Previous: £1,810

Change: +£8,975 (+495.9%)

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

Fixed Assets

Current: £2,500

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: 5

Previous: 3

Change: +2 (+66.7%)

Comment: Strengthening the team.