New Destinations Cic

Key Facts

Net Assets

Current: £50,375

Previous: £61,927

Change: -11,552 (-18.7%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £56,679

Previous: £69,552

Change: -£12,873 (-18.5%)

Comment: Current assets reduced noticeably.

Cash

Current: £31,847

Previous: £44,951

Change: -£13,104 (-29.2%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £9,766

Previous: £14,407

Change: -£4,641 (-32.2%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £46,913

Previous: £55,145

Change: -£8,232 (-14.9%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £3,462

Previous: £6,782

Change: -£3,320 (-49%)

Comment: Fixed assets fell 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: 3

Previous: 4

Change: -1 (-25%)

Comment: Lost a team member.