Sneinton Community Cic

Key Facts

Net Assets

Current: £98,716

Previous: £3,004

Change: +95,712 (+3186.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £2,930

Previous: £4,884

Change: -£1,954 (-40%)

Comment: Current assets fell significantly.

Cash

Current: £1,455

Previous: £4,884

Change: -£3,429 (-70.2%)

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

Creditors 1 Year

Current: £61,080

Previous: £3,846

Change: +£57,234 (+1488.1%)

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

Net Current Assets Liabilities

Current: £41,832

Previous: £5,740

Change: +£36,092 (+628.8%)

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

Fixed Assets

Current: £4,196

Previous: £6,582

Change: -£2,386 (-36.3%)

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: 17

Previous: 6

Change: +11 (+183.3%)

Comment: Strong expansion.