Reach And Unite Outreach And Empowerment Cic

Key Facts

Net Assets

Current: £37,681

Previous: £4,256

Change: +33,425 (+785.4%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £36,086

Previous: £16,354

Change: +£19,732 (+120.7%)

Comment: Current assets increased significantly.

Cash

Current: £11,214

Previous: £6,856

Change: +£4,358 (+63.6%)

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

Creditors 1 Year

Current: £116,201

Previous: £49,885

Change: +£66,316 (+132.9%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £80,115

Previous: £33,531

Change: +£46,584 (+138.9%)

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

Fixed Assets

Current: £47,248

Previous: £33,624

Change: +£13,624 (+40.5%)

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: 8

Previous: 9

Change: -1 (-11.1%)

Comment: Lost a team member.