Passion Partnership Cic

Key Facts

Net Assets

Current: £3,714

Previous: £1

Change: +3,713 (+371300%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £2,763

Previous: £6,261

Change: -£3,498 (-55.9%)

Comment: Current assets fell significantly.

Cash

Current: £2,763

Previous: £4,761

Change: -£1,998 (-42%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £6,477

Previous: £6,260

Change: +£217 (+3.5%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £3,714

Previous: £1

Change: +£3,713 (+371300%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 2

Change: +0 (+0%)

Comment: No change in team size.