Phoenix Youth Provision Cic

Key Facts

Net Assets

Current: £3,155

Previous: £4,630

Change: -1,475 (-31.9%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £27,068

Previous: £21,205

Change: +£5,863 (+27.6%)

Comment: Current assets grew moderately.

Cash

Current: £27,068

Previous: £17,809

Change: +£9,259 (+52%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £28,029

Previous: £21,719

Change: +£6,310 (+29.1%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £961

Previous: £514

Change: +£447 (+87%)

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

Fixed Assets

Current: £4,116

Previous: £5,144

Change: -£1,028 (-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: 7

Previous: 7

Change: +0 (+0%)

Comment: No change in team size.