Shared Assets Cic

Key Facts

Net Assets

Current: £5,636

Previous: £8,779

Change: -3,143 (-35.8%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £112,133

Previous: £133,430

Change: -£21,297 (-16%)

Comment: Current assets reduced noticeably.

Cash

Current: £110,408

Previous: £84,029

Change: +£26,379 (+31.4%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £121,358

Previous: £9,000

Change: +£112,358 (+1248.4%)

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

Net Current Assets Liabilities

Current: £9,225

Previous: £13,293

Change: -£4,068 (-30.6%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £3,589

Previous: £4,486

Change: -£897 (-20%)

Comment: Fixed assets reduced noticeably.

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.