Ne Cycling Cic

Key Facts

Net Assets

Current: £12,210

Previous: £15,279

Change: -3,069 (-20.1%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £7,501

Previous: £19,026

Change: -£11,525 (-60.6%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £17,136

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £41,071

Previous: £43,793

Change: -£2,722 (-6.2%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £33,570

Previous: £24,767

Change: +£8,803 (+35.5%)

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

Fixed Assets

Current: £21,360

Previous: £9,488

Change: +£11,872 (+125.1%)

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: 6

Previous: 3

Change: +3 (+100%)

Comment: Growing the team by 3 people.