Resource Denbighshire Cic

Key Facts

Net Assets

Current: £5,302

Previous: £21,623

Change: -16,321 (-75.5%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £41,426

Previous: £52,924

Change: -£11,498 (-21.7%)

Comment: Current assets reduced noticeably.

Cash

Current: £9,934

Previous: £43,459

Change: -£33,525 (-77.1%)

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

Creditors 1 Year

Current: £38,479

Previous: £66,346

Change: -£27,867 (-42%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £16,688

Previous: £47,706

Change: -£31,018 (-65%)

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

Fixed Assets

Current: £16,489

Previous: £40,263

Change: -£23,774 (-59%)

Comment: Fixed assets fell 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: 7

Previous: 12

Change: -5 (-41.7%)

Comment: A significant downsizing.