New Forest Bike Project Cic

Key Facts

Net Assets

Current: £32,797

Previous: £22,067

Change: +10,730 (+48.6%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £32,976

Previous: £31,735

Change: +£1,241 (+3.9%)

Comment: Current assets increased slightly.

Cash

Current: £30,976

Previous: £29,735

Change: +£1,241 (+4.2%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £5,625

Previous: £16,078

Change: -£10,453 (-65%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £27,351

Previous: £15,657

Change: +£11,694 (+74.7%)

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

Fixed Assets

Current: £5,446

Previous: £6,410

Change: -£964 (-15%)

Comment: Fixed assets reduced noticeably.

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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.