Open Data Manchester Cic

Key Facts

Net Assets

Current: £5,397

Previous: £5,106

Change: +291 (+5.7%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £7,848

Previous: £7,598

Change: +£250 (+3.3%)

Comment: Current assets increased slightly.

Cash

Current: £7,848

Previous: £398

Change: +£7,450 (+1871.9%)

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

Creditors 1 Year

Current: £24,938

Previous: £17,108

Change: +£7,830 (+45.8%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £17,090

Previous: £9,510

Change: +£7,580 (+79.7%)

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

Fixed Assets

Current: £11,693

Previous: £14,616

Change: -£2,923 (-20%)

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: 9

Change: -7 (-77.8%)

Comment: Trimmed the team by 7 people.