Precious Counselling And Mentoring Community Interest Company

Key Facts

Net Assets

Current: £3,527

Previous: £15,632

Change: -12,105 (-77.4%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £12,389

Previous: £5,652

Change: +£6,737 (+119.2%)

Comment: Current assets increased significantly.

Cash

Current: £5,611

Previous: £191

Change: +£5,420 (+2837.7%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £15,916

Previous: £21,422

Change: -£5,506 (-25.7%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £3,527

Previous: £15,770

Change: -£12,243 (-77.6%)

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

Fixed Assets

Current: Not reported

Previous: £138

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: 5

Previous: 3

Change: +2 (+66.7%)

Comment: Strengthening the team.