Newbias Solutions Cic

Key Facts

Net Assets

Current: £8,664

Previous: £5,898

Change: +2,766 (+46.9%)

Comment: Strong increase 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: £30,499

Previous: £16,500

Change: +£13,999 (+84.8%)

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

Net Current Assets Liabilities

Current: £4,196

Previous: £6,637

Change: -£2,441 (-36.8%)

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

Fixed Assets

Current: £26,031

Previous: £17,239

Change: +£8,792 (+51%)

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: Not reported

Previous: Not reported

Comment: Not reported