Open Door Art Cic

Key Facts

Net Assets

Current: £755

Previous: £2,479

Change: -1,724 (-69.5%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £1,821

Previous: £3,862

Change: -£2,041 (-52.8%)

Comment: Current assets fell significantly.

Cash

Current: £995

Previous: £3,561

Change: -£2,566 (-72.1%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £1,580

Previous: £1,694

Change: -£114 (-6.7%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £241

Previous: £2,168

Change: -£1,927 (-88.9%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £514

Previous: £311

Change: +£203 (+65.3%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.