Phoenix Project Frome Cic

Key Facts

Net Assets

Current: £9

Previous: £870

Change: -861 (-99%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £3,877

Previous: £4,739

Change: -£862 (-18.2%)

Comment: Current assets reduced noticeably.

Cash

Current: £3,877

Previous: £4,589

Change: -£712 (-15.5%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £910

Previous: £1,816

Change: -£906 (-49.9%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £2,949

Previous: £4,739

Change: -£1,790 (-37.8%)

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

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.