Power Through Sport Cic

Key Facts

Net Assets

Current: £1,404

Previous: £2,571

Change: -1,167 (-45.4%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £10,873

Previous: £46,350

Change: -£35,477 (-76.5%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £2,373

Previous: £43,455

Change: -£41,082 (-94.5%)

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

Creditors 1 Year

Current: £10,016

Previous: £10,590

Change: -£574 (-5.4%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £8,745

Previous: £46,350

Change: -£37,605 (-81.1%)

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

Fixed Assets

Current: £27,500

Previous: £5,607

Change: +£21,893 (+390.5%)

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: 3

Previous: 1

Change: +2 (+200%)

Comment: Strengthening the team.