Reachout Arts Uk Cic

Key Facts

Net Assets

Current: £6,001

Previous: £4,093

Change: +1,908 (+46.6%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £1,499

Previous: £23,080

Change: -£21,581 (-93.5%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £1,499

Previous: £5,749

Change: -£4,250 (-73.9%)

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

Creditors 1 Year

Current: Not reported

Previous: £9,141

Comment: Not reported

Net Current Assets Liabilities

Current: £6,001

Previous: £3,465

Change: +£2,536 (+73.2%)

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

Fixed Assets

Current: Not reported

Previous: £9,769

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: 4

Previous: 5

Change: -1 (-20%)

Comment: Lost a team member.